Ducommun (DCO) Crosses Pivot Point Resistance at $17.92
SmarTrend has detected shares of Ducommun (NYSE:DCO) have bullishly opened above the pivot of $17.20 today and have reached the first resistance level of $17.92.
We are watching for a cross of the next upside pivot targets of $18.27 and $19.34. Also, the shares are currently trading below the 50-day moving average of $18.63 and below the 200-day moving average of $19.18.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Ducommun on May 04, 2010 at $21.72. Since the call, the stock has fallen 17%.
Keywords: ducommun pivot points
Ticker(s): DCO