Watch for Continued Gains in Shares of Powershares Golden Dragon Halter USX China Portfolio (PGJ)
Shares of Powershares Golden Dragon Halter USX China Portfolio (AMEX: PGJ) traded at a new 52-week high today of $27.35. Approximately 71,000 shares have traded hands today vs. average 30-day volume of 60,000 shares.
Powershares Golden Dragon Halter USX China Portfolio is currently trading at $27.29, approximately 10% above its 50-day moving average of $24.80. SmarTrend will be monitoring shares of PGJ to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Powershares Golden Dragon Halter USX China Portfolio and our subscribers were alerted to Buy on June 15, 2010 at $23.65. The stock has risen 15.4% since the alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
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