ConocoPhillips (COP) Upgrade Alert, Watch for 5.1% Technical Uptrend Continuation
Sep 29, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: ConocoPhillips (COP)
ConocoPhillips (NYSE:COP) upgraded to Buy, $60 target, at Collins Stewart. The stock closed yesterday at $45.69 on volume of 8,491,500 shares, below average daily volume of 12,799,753.
ConocoPhillips is currently above its 50-day moving average of $44.73 and above its 200-day moving average of $44.08.
SmarTrend is bullish on shares of COP and our subscribers received an Uptrend alert on July 21, 2009 at $43.47, which has returned 5.1% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Company: ConocoPhillips (COP)
Related terms: market, nyse, securities
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