Post Properties Upward Momentum Looks to Continue (PPS)
Tuesday, March 9, 2010 - 08:47
Written on Tue, 03/09/2010 - 8:47am
By Chip Brian

SmarTrend identified an Uptrend for Post Properties (NYSE:PPS) on November 16, 2009 at $18.54. In approximately 4 months, Post Properties has returned 7.6% as of today's recent price of $19.95.
Post Properties is currently above its 50-day moving average of $18.67 and above its 200-day moving average of $16.84. 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 Post Properties shares.

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