Invesco Upward Momentum Looks to Continue (IVZ)
Friday, March 12, 2010 - 11:46
Written on Fri, 03/12/2010 - 11:46am
By Chip Brian

SmarTrend identified an Uptrend for Invesco (NYSE:IVZ) on March 01, 2010 at $19.86. In approximately 1 week, Invesco has returned 1.6% as of today's recent price of $20.19.
Invesco should find initial resistance at its 200-day moving average of $20.49 and further resistance at its 50-day moving average of $21.05. 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 Invesco shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): IVZ

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