SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Mylan (MYL)
Thursday, March 18, 2010 - 19:04
Written on Thu, 03/18/2010 - 7:04pm
By Chip Brian

SmarTrend identified an Uptrend for Mylan (NASDAQ:MYL) on February 22, 2010 at $19.36. In approximately 3 weeks, Mylan has returned 15.4% as of Thursday's closing price of $22.34.
Mylan is currently above its 50-day moving average of $19.17 and above its 200-day moving average of $16.34. 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 Mylan shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): MYL

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