Walter Energy Upward Momentum Looks to Continue (WLT)
Friday, March 12, 2010 - 12:12
Written on Fri, 03/12/2010 - 12:12pm
By Chip Brian

SmarTrend identified an Uptrend for Walter Energy (NYSE:WLT) on February 11, 2010 at $73.84. In approximately 4 weeks, Walter Energy has returned 18.6% as of today's recent price of $87.60.
Walter Energy is currently above its 50-day moving average of $75.53 and above its 200-day moving average of $59.11. 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 Walter Energy shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): WLT

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