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Navigators Group (NAVG) Crosses Pivot Point Resistance at $42.86

Written on Thu, 07/22/2010 - 9:20am
By Chip Brian

SmarTrend has detected shares of Navigators Group (NASDAQ:NAVG) have bullishly opened above the pivot of $42.67 today and have reached the first resistance level of $42.86.
We are watching for a cross of the next upside pivot targets of $43.25 and $43.83. Also, the shares are currently trading above the 50-day moving average of $41.46 and should find resistance at the 200-day moving average of $44.19.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Navigators Group on June 16, 2010 at $42.66. Since the call, the stock has risen 0.7%.

Keywords: navigators group pivot points

Ticker(s): NAVG

Contact Chip Brian



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