Grupo Financiero Galicia (GGAL) Bullish Technical Alert - Trend Up 189.3%

Grupo Financiero Galicia (NASDAQ:GGAL) is trading 2.6% higher (up $0.15 to $5.93) today on volume of 172,961 shares. The stock is trading near its 52-week high of $6.05. We are watching for a close above that level.

Grupo Financiero Galicia is currently above its 50-day moving average of $4.50 and above its 200-day moving average of $2.99.

SmarTrend is bullish on shares of GGAL and our subscribers received an Uptrend alert on April 14, 2009 at $2.05, which has returned 189.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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