Gran Tierra Energy (GTE) Downgrade Alert, Watch for 6% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:13
Written on Fri, 03/19/2010 - 9:13am
By Chip Brian

Gran Tierra Energy (AMEX:GTE) downgraded to Neutral from Buy at UBS. The stock closed yesterday at $5.86 on volume of 796,523 shares, below average daily volume of 1,348,872.
Gran Tierra Energy is currently above its 50-day moving average of $5.39 and above its 200-day moving average of $4.65.
SmarTrend is bullish on shares of GTE and our subscribers received an Uptrend alert on February 16, 2010 at $5.53, which has returned 6% to date.

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