Baker Hughes (BHI) Initiated Coverage Alert, Watch for 19.9% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:14
Written on Fri, 03/19/2010 - 9:14am
By Chip Brian

Baker Hughes (NYSE:BHI) initiated as Perform at Oppenheimer. The stock closed yesterday at $49.37 on volume of 7,937,511 shares, above average daily volume of 5,402,427.
Baker Hughes is currently above its 50-day moving average of $47.65 and above its 200-day moving average of $41.95.
SmarTrend is bullish on shares of BHI and our subscribers received an Uptrend alert on December 16, 2009 at $41.16, which has returned 19.9% to date.

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

Ticker(s): BHI

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