Watch for Continued Gains in Shares of Alberto-Culver (ACV)
Shares of Alberto-Culver (NYSE: ACV) traded at a new 52-week high today of $31.74. Approximately 476,000 shares have traded hands today vs. average 30-day volume of 588,000 shares.
Alberto-Culver is currently trading at $31.65, approximately 8.4% above its 50-day moving average of $29.20. SmarTrend will be monitoring shares of ACV to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Alberto-Culver and our subscribers were alerted to Buy on August 25, 2010 at $30.21. The stock has risen 4.8% since the alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
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/signup
