Air Methods: The Winning Streak Continues (AIRM)
Shares of Air Methods (NASDAQ: AIRM) traded at a new 52-week high today of $37.00. Approximately 174,000 shares have traded hands today vs. average 30-day volume of 91,000 shares.
Air Methods is currently trading at $37, approximately 15.7% above its 50-day moving average of $31.97. SmarTrend will be monitoring shares of AIRM to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Air Methods and our subscribers were alerted to Buy on July 15, 2010 at $31.79. The stock has risen 16.4% since the alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
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