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BJ's Wholesale Club (BJ) Downgrade Alert, Watch for 3.4% Technical Uptrend Reversal

Written on Fri, 07/30/2010 - 11:41am
By Chip Brian

BJ's Wholesale Club (NYSE:BJ) downgraded to Neutral from Outperform at Cowen and Company. The stock closed yesterday at $45.05 on volume of 895,800 shares, below average daily volume of 1,672,772.
BJ's Wholesale Club is currently above its 50-day moving average of $40.92 and above its 200-day moving average of $36.79.
SmarTrend is bullish on shares of BJ and our subscribers received an Uptrend alert on July 02, 2010 at $43.55, which has returned 3.4% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): BJ

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