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Bb&T Corp (BBT) Crosses Pivot Point Resistance at $52.40

By Shiri Gupta

Shares of Bb&T Corp (NYSE:BBT) opened today above their pivot of $52.08 and have already reached the first level of resistance at $52.40. Analysts will be watching for a cross of the next upside pivot targets of $52.80 and $53.52.

There is potential upside of 0.0% for shares of Bb&T Corp based on a current price of $0.00 and an average consensus analyst price target of $57.10. Bb&T Corp shares should first meet resistance at the 50-day moving average (MA) of $34.09 and find additional resistance at the 200-day MA of $35.95.

Bb&T Corp share prices have moved between a 52-week high of $56.31 and the current low of $0.00 and are currently at $0.00 per share. The 200-day and 50-day moving averages have moved 0.37% lower and 0.52% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Bb&T Corp and will alert subscribers who have BBT in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts bb&t corp

Ticker(s): BBT