SmarTrend Detects Continued Buying Pressure in Shares of Korea Electric Power (KEP)
Wednesday, March 17, 2010 - 12:51
Written on Wed, 03/17/2010 - 12:51pm
By Chip Brian

SmarTrend identified an Uptrend for Korea Electric Power (NYSE:KEP) on January 11, 2010 at $15.43. In approximately 2 months, Korea Electric Power has returned 10.6% as of today's recent price of $17.06.
Korea Electric Power is currently above its 50-day moving average of $16.45 and above its 200-day moving average of $14.14. 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 Korea Electric Power shares.

Contact Chip Brian
Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.