Uptrend Spotted in Shares of ATP Oil & Gas (ATPG)
Wednesday, March 3, 2010 - 12:33
Written on Wed, 03/03/2010 - 12:33pm
By Chip Brian

SmarTrend identified an Uptrend for ATP Oil & Gas (NASDAQ:ATPG) on February 12, 2010 at $15.76. In approximately 3 weeks, ATP Oil & Gas has returned 19% as of today's recent price of $18.76.
ATP Oil & Gas is currently above its 50-day moving average of $17.38 and above its 200-day moving average of $13.92. 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 ATP Oil & Gas shares.

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