Black Box Upward Momentum Looks to Continue (BBOX)
Wednesday, March 3, 2010 - 20:07
Written on Wed, 03/03/2010 - 8:07pm
By Chip Brian

SmarTrend identified an Uptrend for Black Box (NASDAQ:BBOX) on October 21, 2009 at $27.57. In approximately 4 months, Black Box has returned 13.7% as of today's recent price of $31.34.
Black Box is currently above its 50-day moving average of $28.12 and above its 200-day moving average of $28.51. 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 Black Box shares.

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