Clean Energy Fuels Upward Momentum Looks to Continue (CLNE)
SmarTrend identified an Uptrend for Clean Energy Fuels (NASDAQ: CLNE) on December 15, 2009 at $14.03. In approximately 2 months, Clean Energy Fuels has returned 27.2% as of today's recent price of $17.85.
Clean Energy Fuels is currently above its 50-day moving average of $15.01 and above its 200-day moving average of $11.68. 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 Clean Energy Fuels shares.
Write to Chip Brian at cbrian@tradethetrend.com
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