26.2% Return Seen to Date on SmarTrend Cabela's Call (CAB)

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[August 17, 2012]

26.2% Return Seen to Date on SmarTrend Cabela's Call (CAB)

Aug 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Cabela's (NYSE:CAB) on June 20th, 2012 at $37.53. In approximately 2 months, Cabela's has returned 26.19% as of today's recent price of $47.36.

In the past 52 weeks, Cabela's share prices have been bracketed by a low of $19.12 and a high of $48.23 and are now at $47.36, 148% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.6% while the 200-day MA has risen 1.3%.

Cabela's Incorporated retails hunting, fishing, camping, and outdoor sports products and apparel. The Company markets its products through its retail stores, website, and catalog. Cabela's retail stores also offer in-house clinics associated with hunting, fishing, and camping.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cabela's shares.Log in and add Cabela's (CAB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

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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