• Return to Headlines

Swiss Helvetia Fund (SWZ) Crosses Pivot Point Resistance at $11.28

Written on Thu, 07/15/2010 - 1:16pm
By Chip Brian

SmarTrend has detected shares of Swiss Helvetia Fund (NYSE:SWZ) have bullishly opened above the pivot of $11.19 today and have reached the first resistance level of $11.28.
We are watching for a cross of the next upside pivot targets of $11.33 and $11.47. Also, the shares are currently trading above the 50-day moving average of $10.58 and should find resistance at the 200-day moving average of $11.41.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Swiss Helvetia Fund on July 08, 2010 at $10.97. Since the call, the stock has risen 3%.

Keywords: swiss helvetia fund pivot points

Ticker(s): SWZ

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.