SmarTrend Detects Continued Buying Pressure in Shares of Bway Holding (BWY)

SmarTrend identified an Uptrend for Bway Holding BWY on March 22, 2010 at $16.99. In approximately 1 week, Bway Holding has returned 19.8% as of today's recent price of $20.35.

Bway Holding is currently above its 50-day moving average of $16.70 and above its 200-day moving average of $17.21. 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 Bway Holding shares.

Write to Chip Brian at cbrian@tradethetrend.com

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