BPZ Resources: The Trend Continues Higher (BPZ)
Friday, March 19, 2010 - 11:42
Written on Fri, 03/19/2010 - 11:42am
By Chip Brian

SmarTrend identified an Uptrend for BPZ Resources (AMEX:BPZ) on February 16, 2010 at $6.78. In approximately 1 month, BPZ Resources has returned 9.9% as of today's recent price of $7.45.
BPZ Resources is currently above its 50-day moving average of $7.21 and above its 200-day moving average of $6.99. 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 BPZ Resources shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s):

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.