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Watch for Shares of Navigators Group (NAVG) to Approach Resistance at $44.91

Written on Mon, 07/26/2010 - 12:02pm
By Chip Brian

SmarTrend has detected shares of Navigators Group (NASDAQ:NAVG) have bullishly opened above the pivot of $44.03 today and have reached the first resistance level of $44.60.
We are watching for a cross of the next upside pivot targets of $44.91 and $45.79. Also, the shares are currently trading above the 50-day moving average of $41.57 and above the 200-day moving average of $44.10.
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 4.8%.

Keywords: navigators group pivot points

Ticker(s): NAVG

Contact Chip Brian



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