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Whiting Petroleum (WLL) Downgrade Alert, Watch for 5.8% Technical Uptrend Reversal

Written on Fri, 07/30/2010 - 11:42am
By Chip Brian

Whiting Petroleum (NYSE:WLL) downgraded to Neutral from Buy, target lowered to $96 from $117, at SunTrust. The stock closed yesterday at $87.19 on volume of 2,326,000 shares, above average daily volume of 1,228,576.
Whiting Petroleum is currently above its 50-day moving average of $82.81 and above its 200-day moving average of $75.30.
SmarTrend is bullish on shares of WLL and our subscribers received an Uptrend alert on July 21, 2010 at $82.44, which has returned 5.8% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): WLL

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