Layne Christensen Upward Momentum Looks to Continue (LAYN)
Tuesday, March 2, 2010 - 20:25
Written on Tue, 03/02/2010 - 8:25pm
By Chip Brian

SmarTrend identified an Uptrend for Layne Christensen (NASDAQ:LAYN) on February 18, 2010 at $27.02. In approximately 2 weeks, Layne Christensen has returned 10.7% as of today's recent price of $29.91.
Layne Christensen is currently above its 50-day moving average of $27.03 and above its 200-day moving average of $25.75. 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 Layne Christensen shares.

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