SmarTrend Detects Continued Buying Pressure in Shares of Albemarle (ALB)
Friday, March 12, 2010 - 13:58
Written on Fri, 03/12/2010 - 1:58pm
By Chip Brian

SmarTrend identified an Uptrend for Albemarle (NYSE:ALB) on February 18, 2010 at $37.94. In approximately 3 weeks, Albemarle has returned 10.2% as of today's recent price of $41.82.
Albemarle is currently above its 50-day moving average of $37.35 and above its 200-day moving average of $32.81. 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 Albemarle shares.

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