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LaBranche & Co: The Trend Continues Up (LAB)

Written on Sat, 03/13/2010 - 12:15pm
By Chip Brian

SmarTrend identified an Uptrend for LaBranche & Co (NYSE:LAB) on January 14, 2010 at $4.00. In approximately 2 months, LaBranche & Co has returned 37.5% as of today's recent price of $5.50.
LaBranche & Co is currently above its 50-day moving average of $3.97 and above its 200-day moving average of $3.62. 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 LaBranche & Co shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): LAB

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