Stillwater Mining Bullish Moving Average Crossover Alert (SWC)
Today, shares of Stillwater Mining (NYSE: SWC) have crossed bullishly above their 10-day moving average of $13.58 on volume of 636 thousand shares.
This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.
SmarTrend issued an Uptrend Alert for Stillwater Mining on February 16, 2010 at $11.64. In approximately 4 weeks, Stillwater Mining has returned 18.6% as of today's recent price of $13.81.
We will continue to monitor SWC's share price relative to this moving average.
Write to Chip Brian at cbrian@tradethetrend.com
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