Precision Castparts Upward Momentum Looks to Continue (PCP)
Tuesday, March 9, 2010 - 12:37
Written on Tue, 03/09/2010 - 12:37pm
By Chip Brian

SmarTrend identified an Uptrend for Precision Castparts (NYSE:PCP) on February 18, 2010 at $112.05. In approximately 3 weeks, Precision Castparts has returned 5.9% as of today's recent price of $118.70.
Precision Castparts is currently above its 50-day moving average of $111.47 and above its 200-day moving average of $96.59. 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 Precision Castparts shares.

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