Korea Electric Power Upward Momentum Looks to Continue (KEP)
SmarTrend identified an Uptrend for Korea Electric Power (NYSE: KEP) on January 11, 2010 at $15.43. In approximately 2 months, Korea Electric Power has returned 7.5% as of today's recent price of $16.58.
Korea Electric Power is currently above its 50-day moving average of $16.10 and above its 200-day moving average of $13.97. 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 Korea Electric Power shares.
Write to Chip Brian at cbrian@tradethetrend.com
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