CBS: The Trend Continues Higher (CPV)
Thursday, March 4, 2010 - 18:59
Written on Thu, 03/04/2010 - 6:59pm
By Chip Brian

SmarTrend identified an Uptrend for CBS (NYSE:CPV) on December 07, 2009 at $21.76. In approximately 3 months, CBS has returned 7.8% as of Thursday's closing price of $23.45.
CBS is currently above its 50-day moving average of $21.88 and above its 200-day moving average of $20.03. 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 CBS shares.

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