BJ's Wholesale Club: The Trend Continues Higher (BJ)
Wednesday, February 17, 2010 - 21:21
Written on Wed, 02/17/2010 - 9:21pm
By Chip Brian

SmarTrend identified an Uptrend for BJ's Wholesale Club (NYSE:BJ) on December 24, 2009 at $33.99. In approximately 2 months, BJ's Wholesale Club has returned 6.4% as of today's recent price of $36.16.
BJ's Wholesale Club is currently above its 50-day moving average of $33.50 and above its 200-day moving average of $34.23. 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 BJ's Wholesale Club shares.

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