SmarTrend's Trend Spotter See Continued Downward Momentum on Shares of ZBB Energy (ZBB)
Tuesday, March 9, 2010 - 12:23
Written on Tue, 03/09/2010 - 12:23pm
By Chip Brian

SmarTrend identified a Downtrend for ZBB Energy (AMEX:ZBB) on February 19, 2010 at $1.14. In approximately 2 weeks, ZBB Energy has returned 21.1% as of today's recent price of $0.90.
ZBB Energy is currently below its 50-day moving average of $1.23 and below its 200-day moving average of $1.25. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of ZBB Energy.

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