Boyd Gaming Rising Today on Above-Average Volume (BYD)

Feb 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Boyd Gaming's stock is up 7.2% to $7.61 on heavy trading volume. Approximately 2.9 million shares have changed hands today vs. average 30-day volume of 1.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Boyd Gaming on December 13th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $5.90. Since that recommendation, shares of Boyd Gaming have risen 20.4%. We continue to monitor BYD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Boyd Gaming share prices have been bracketed by a low of $4.75 and a high of $9.75 and are now at $7.62, 60% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 2.1%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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