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Cabela's: The Trend Continues Up (CAB)

Written on Sun, 03/14/2010 - 12:54pm
By Chip Brian

SmarTrend identified an Uptrend for Cabela's (NYSE:CAB) on December 16, 2009 at $14.04. In approximately 3 months, Cabela's has returned 21% as of today's recent price of $16.99.
Cabela's is currently above its 50-day moving average of $15.83 and above its 200-day moving average of $14.08. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cabela's shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CAB

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