Pacific Ethanol Upward Momentum Looks to Continue (PEIX)
Tuesday, March 9, 2010 - 11:24
Written on Tue, 03/09/2010 - 11:24am
By Chip Brian

SmarTrend identified an Uptrend for Pacific Ethanol (NASDAQ:PEIX) on November 30, 2009 at $0.54. In approximately 3 months, Pacific Ethanol has returned 263% as of today's recent price of $1.96.
Pacific Ethanol is currently above its 50-day moving average of $1.78 and above its 200-day moving average of $0.79. 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 Pacific Ethanol shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): PEIX

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