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SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Knightsbridge Tankers (VLCCF)

By Chip Brian

SmarTrend identified an Uptrend for Knightsbridge Tankers (NASDAQ:VLCCF) on January 06, 2010 at $13.73. In approximately 2 months, Knightsbridge Tankers has returned 23.7% as of today's recent price of $16.98.
Knightsbridge Tankers is currently above its 50-day moving average of $14.62 and above its 200-day moving average of $13.96. 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 Knightsbridge Tankers shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): VLCCF