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National Presto Industries (NPK) Approaches New Upside Target of $101.97

Written on Mon, 07/26/2010 - 10:44am
By Chip Brian

SmarTrend has detected shares of National Presto Industries (NYSE:NPK) have bullishly opened above the pivot of $98.47 today and have reached the first resistance level of $100.69.
We are watching for a cross of the next upside pivot targets of $101.97 and $105.47. Also, the shares are currently trading above the 50-day moving average of $97.43 and should find resistance at the 200-day moving average of $105.45.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of National Presto Industries on July 23, 2010 at $98.01. Since the call, the stock has risen 4%.

Keywords: national presto industries pivot points

Ticker(s): NPK

Contact Chip Brian



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