Griffon (GFF) Bullish Technical Alert - Trend Up 23.9%

Griffon (NYSE:GFF) closed 1.9% higher (up $0.20 to $10.78) Friday on volume of 167,012 shares. The stock is trading near its 52-week high of $11.36. We are watching for a close above that level.

Griffon is currently above its 50-day moving average of $9.49 and above its 200-day moving average of $8.77.

SmarTrend is bullish on shares of GFF and our subscribers received an Uptrend alert on July 20, 2009 at $8.70, which has returned 23.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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