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Ducommun (DCO) Breaks Through Resistance at $20.26

Written on Mon, 07/26/2010 - 1:28pm
By Chip Brian

SmarTrend has detected shares of Ducommun (NYSE:DCO) have bullishly opened above the pivot of $19.47 today and have reached the first resistance level of $20.26.
We are watching for a cross of the next upside pivot targets of $20.69 and $21.91. Also, the shares are currently trading above the 50-day moving average of $18.50 and above the 200-day moving average of $19.19.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Ducommun on July 21, 2010 at $17.84. Since the call, the stock has risen 13.9%.

Keywords: ducommun pivot points

Ticker(s): DCO

Contact Chip Brian



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