“SmarTrend identified a Downtrend for Town Sports International (NASDAQ: CLUB on November 04, 2009 at $2.71. In approximately 3 months, Town Sports International has returned 16.8% as of today's recent price of $2.25. Town Sports International is currently below its 50-day moving average of $2.33 and below its 200-day moving average of $3.04. Look for these moving averages to decline to confirm the company's downward momentum.”...
http://www.tradingmarkets.com/news/stock-alert/club_downtrend-spotted-in-shares-of-town-sports-international-club--729113.html
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