Energy Solutions Inc. (ES) Likely To Breach Above 20 Day MA Soon
By Mark Moneymaster
March 11, 2010 12:06 PM
March 11, 2010 12:06 PM
Symbols: ES
Energy Solutions Inc. (NYSE: ES) advanced 4.6% to $6.21, after starting on a footing on Thursday in morning trading. The provider of services to the nuclear industry Energy Solutions Inc. (ES) confirmed that it would provide waste management systems for reactors being built by a Chinese company.
With a strong uptrend in early part of Thursday’s trading, Energy Solutions Inc. (ES) is now a shade below its 20 day MA of $6.38. It may be recollected that Energy Solutions Inc. (ES) daily charts have remained below the 20 day MA since early part of January, when it started showing a reversal to bearish zone.
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