Uptrend Spotted in Shares of Time Warner (TWX)
Friday, March 12, 2010 - 08:12
Written on Fri, 03/12/2010 - 8:12am
By Chip Brian

SmarTrend identified an Uptrend for Time Warner (NYSE:TWX) on February 17, 2010 at $28.75. In approximately 3 weeks, Time Warner has returned 6.6% as of today's recent price of $30.66.
Time Warner is currently above its 50-day moving average of $28.53 and above its 200-day moving average of $28.29. 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 Time Warner shares.

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