Legg Mason: The Trend Continues Up (LM)
SmarTrend identified an Uptrend for Legg Mason (NYSE: LM) on March 04, 2010 at $27.56. In approximately 2 weeks, Legg Mason has returned 9.8% as of today's recent price of $30.26.
Legg Mason is currently above its 50-day moving average of $27.73 and above its 200-day moving average of $27.99. 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 Legg Mason shares.
Write to Chip Brian at cbrian@tradethetrend.com
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