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OYO Geospace (OYOG) Crosses Pivot Point Resistance at $53.02

Written on Fri, 06/18/2010 - 11:01am
By Chip Brian

SmarTrend has detected shares of OYO Geospace (NASDAQ:OYOG) have bullishly opened above the pivot of $52.01 today and have reached the first resistance level of $53.02.
We are watching for a cross of the next upside pivot targets of $53.59 and $55.17. Also, the shares are currently trading above the 50-day moving average of $48.20 and above the 200-day moving average of $38.52.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of OYO Geospace on June 03, 2010 at $47.67. Since the call, the stock has risen 12.1%.

Keywords: oyo geospace pivot points

Ticker(s): OYOG

Contact Chip Brian



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