SmarTrend Detects Continued Buying Pressure in Shares of General Moly (GMO)
Tuesday, March 9, 2010 - 11:48
Written on Tue, 03/09/2010 - 11:48am
By Chip Brian

SmarTrend identified an Uptrend for General Moly (AMEX:GMO) on January 05, 2010 at $2.37. In approximately 2 months, General Moly has returned 56.1% as of today's recent price of $3.70.
General Moly is currently above its 50-day moving average of $2.51 and above its 200-day moving average of $2.55. 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 General Moly shares.

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