Ivanhoe Energy (IVAN) Downgrade Alert, Watch for 127.8% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:13
Written on Fri, 03/19/2010 - 9:13am
By Chip Brian

Ivanhoe Energy (NASDAQ:IVAN) downgraded to Market Perform from Outperform at Raymond James. The stock closed yesterday at $3.60 on volume of 1,243,616 shares, above average daily volume of 1,179,978.
Ivanhoe Energy is currently above its 50-day moving average of $3.24 and above its 200-day moving average of $2.32.
SmarTrend is bullish on shares of IVAN and our subscribers received an Uptrend alert on September 04, 2009 at $1.58, which has returned 127.8% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): IVAN

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