Salem Communications Corp. (SALM) goes positive by breaking intraday moving average 2013/01/24 05:23

The intraday price for Salem Communications Corp. has moved above its 200 period 30 minute moving average of 1.65. SALM is near 1.67 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $1.61. Falling below that might indicate a change in trend.

Other stocks to watch – these are correlated with Salem Communications Corp.:

Ipox-100 U.S. [Usd] [P] (SIPO) with a correlation of 91.59%

Ipox-30 U.S. [Usd] [P] (SIPT) with a correlation of 90.79%

Stinger Systems Inc (STIY) with a correlation of 91.21%

Santos-Pref (STOPB) with a correlation of 92.32%