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Cubic (CUB) Approaches New Upside Target of $39.09

Written on Mon, 07/12/2010 - 9:03am
By Chip Brian

SmarTrend has detected shares of Cubic (NYSE:CUB) have bullishly opened above the pivot of $38.45 today and have reached the first resistance level of $38.80.
We are watching for a cross of the next upside pivot targets of $39.09 and $39.73. Also, the shares are currently trading above the 50-day moving average of $36.68 and above the 200-day moving average of $36.87.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Cubic on June 21, 2010 at $36.85. Since the call, the stock has risen 5.3%.

Keywords: cubic pivot points

Ticker(s): CUB

Contact Chip Brian



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