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Uptrend Spotted in Shares of ZBB Energy (ZBB)

Written on Fri, 06/18/2010 - 11:50am
By Chip Brian

SmarTrend identified an Uptrend for ZBB Energy (AMEX:ZBB) on May 21, 2010 at $0.46. In approximately 4 weeks, ZBB Energy has returned 20.7% as of today's recent price of $0.56.
ZBB Energy should find initial resistance at its 50-day moving average of $0.62 and further resistance at its 200-day moving average of $1.04. 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 ZBB Energy shares.

Keywords: Stock research report chart fundamental technical analysis

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