SmarTrend Detects Continued Buying Pressure in Shares of Asbury Automotive (ABG)
Friday, March 19, 2010 - 10:31
Written on Fri, 03/19/2010 - 10:31am
By Chip Brian

SmarTrend identified an Uptrend for Asbury Automotive (NYSE:ABG) on December 04, 2009 at $11.31. In approximately 4 months, Asbury Automotive has returned 24.8% as of today's recent price of $14.11.
Asbury Automotive is currently above its 50-day moving average of $12.28 and above its 200-day moving average of $12.05. 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 Asbury Automotive shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ABG

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