Bucyrus International: The Trend Continues Up (BUCY)
Friday, March 12, 2010 - 12:39
Written on Fri, 03/12/2010 - 12:39pm
By Chip Brian

SmarTrend identified an Uptrend for Bucyrus International (NASDAQ:BUCY) on February 12, 2010 at $56.51. In approximately 3 weeks, Bucyrus International has returned 16.7% as of today's recent price of $65.96.
Bucyrus International is currently above its 50-day moving average of $60.06 and above its 200-day moving average of $42.54. 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 Bucyrus International shares.

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