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Repsol YPF (REP) Upgrade Alert, Watch for 12.6% Technical Uptrend Continuation

Oct 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Repsol YPF, S.A. (REP)

Repsol YPF (NYSE:REP) upgraded to Neutral at JP Morgan. The stock closed yesterday at $26.27 on volume of 453,600 shares, above average daily volume of 398,062.

Repsol is currently above its 50-day moving average of $24.85 and above its 200-day moving average of $20.91.

SmarTrend is bullish on shares of REP and our subscribers received an Uptrend alert on July 20, 2009 at $23.34, which has returned 12.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Repsol YPF, S.A. (REP)


Related terms: market, nyse, securities

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