Thomson Reuters: The Trend Continues Higher (TRI)
SmarTrend identified an Uptrend for Thomson Reuters (NYSE: TRI) on February 01, 2010 at $33.63. In approximately 1 month, Thomson Reuters has returned 6.2% as of today's recent price of $35.73.
Thomson Reuters is currently above its 50-day moving average of $33.44 and above its 200-day moving average of $32.15. 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 Thomson Reuters shares.
Write to Chip Brian at cbrian@tradethetrend.com
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