SmarTrend's candlestick pattern scanner has detected a bearish Dark Cloud Cover candle pattern for shares of Diageo (NYSE: DEO).
Yesterday, the stock gapped up, but then encountered selling pressure that pushed the stock lower.
Central European Distribution Corp (NASDAQ: CEDC) shares reached $37.25 to create a new 52-week high, before slipping to $37.19, reflecting a 1.03% gain. CEDC’s quarterly revenue growth stands at 16.80% y/y. Read more about this company here.
Central European Distribution (NASDAQ: CEDC) is one of today's best performing stocks, up 0.9% to $37.13. The S&P is currently trading fractionally lower to 1,149 and the Dow Jones Industrial Average is trading fractionally lower to 10,610.
SmarTrend identified an Uptrend for Central European Distribution (NASDAQ: CEDC) on January 06, 2010 at $30.61. In approximately 2 months, Central European Distribution has returned 19.4% as of today's recent price of $36.55.
Jefferies continues to recommend the shares of liquor distributor Central European Distribution (Nasdaq: CEDC) and has moved its 2010 EPS estimate in line with management's estimate of $2.50 to $2.65 a share while initiating a 2011 estimate of $3.05 a share.
SmarTrend identified an Uptrend for Central European Distribution (NASDAQ: CEDC) on January 06, 2010 at $30.61. In approximately 2 months, Central European Distribution has returned 7.1% as of today's recent price of $32.78.
SmarTrend's candlestick pattern scanner has detected a bullish engulfing pattern for shares of Central European Distribution (NASDAQ: CEDC) since the stock closed above $33.55.