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A Lehman Crisis Update: Blackrock Dividend Achievers Trust 12.6% Below its Sept. 15th 2008 'Lehman Crisis' Low of $10.11 (BDV)

Written on Thu, 06/17/2010 - 7:04am
By Chip Brian

Blackrock Dividend Achievers Trust (NYSE:BDV) is currently trading 12.6% below its Sept. 15th 2008 low of $10.11. Investors are looking to see if the shares can regain the Sept. 15th 'Lehman Crisis' level, which may act as long-term overhead resistance.
In the past 52-weeks, shares of Blackrock Dividend Achievers Trust have traded between a low of $3.64 and a high of $9.63 and are now at $8.84, which is 142.9% above that low price.
SmarTrend is bullish on shares of Blackrock Dividend Achievers Trust and our subscribers were alerted to Buy on May 07, 2010 at $8.45. The stock has risen 4.7% since the alert was issued.

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