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Buckeye Holdings (BGH) Downgrade Alert, Watch for 10.4% Technical Uptrend Reversal

Written on Wed, 07/14/2010 - 10:28am
By Chip Brian

Buckeye Holdings (NYSE:BGH) downgraded to Equal Weight from Overweight at Morgan Stanley. The stock closed yesterday at $39.83 on volume of 43,000 shares, below average daily volume of 60,751.
Buckeye Holdings is currently above its 50-day moving average of $34.39 and above its 200-day moving average of $30.88.
SmarTrend is bullish on shares of BGH and our subscribers received an Uptrend alert on June 11, 2010 at $36.08, which has returned 10.4% to date.

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

Ticker(s): BGH

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