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TMCNet:  Upgrade Alert for DISH Network (DISH)

[January 10, 2013]

Upgrade Alert for DISH Network (DISH)

Jan 10, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- DISH Network (NASDAQ:DISH) was upgraded from Hold to Buy at Wunderlich today. The stock closed yesterday at $36.85 on volume of 4.9 million shares, above average daily volume of 3.7 million. DISH Network share prices have moved between a 52-week high of $37.92 and a 52-week low of $20.89 and closed yesterday at 76% above that low price at $36.85 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

DISH Network (NASDAQ:DISH) has potential upside of 3.1% based on a current price of $36.85 and analysts' consensus price target of $38.00. DISH Network shares have support at the 50-day moving average (MA) of $35.89 and additional support at the 200-day MA of $31.99.

DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.

SmarTrend recommended that subscribers consider buying shares of DISH Network on October 11th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.53. Since that recommendation, shares of DISH Network have risen 9.9%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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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