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Global Crossing Upward Momentum Looks to Continue (GLBC)

By Chip Brian

SmarTrend identified an Uptrend for Global Crossing (NASDAQ:GLBC) on December 21, 2009 at $13.14. In approximately 3 months, Global Crossing has returned 18.3% as of today's recent price of $15.55.
Global Crossing is currently above its 50-day moving average of $14.03 and above its 200-day moving average of $12.13. 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 Global Crossing shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): GLBC