Uptrend Spotted in Shares of Allied Irish Banks (AIB)
Friday, March 19, 2010 - 10:00
Written on Fri, 03/19/2010 - 10:00am
By Chip Brian

SmarTrend identified an Uptrend for Allied Irish Banks (NYSE:AIB) on March 05, 2010 at $3.87. In approximately 2 weeks, Allied Irish Banks has returned 10.1% as of today's recent price of $4.26.
Allied Irish Banks is currently above its 50-day moving average of $3.64 and should find resistance at its 200-day moving average of $5.35. 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 Allied Irish Banks shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): AIB

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