Linn Energy (NASDAQ:LINE) initiated as Market Perform at Wells Fargo. The stock closed yesterday at $27.30 on volume of 697,227 shares, below average daily volume of 1,115,680.
Linn Energy is currently above its 50-day moving average of $26.91 and above its 200-day moving average of $23.43.
SmarTrend is bullish on shares of LINE and our subscribers received an Uptrend alert on March 02, 2010 at $27.02, which has returned 1% to date.
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Ticker(s): LINE