Venoco (VQ) Bullish Technical Alert - Trend Up 68.2%

Venoco (NYSE:VQ) is trading 1.1% higher (up $0.16 to $14.10) today on volume of 163,106 shares. The stock has traded within a 52-week range of $1.91 and $16.17.

Venoco is currently above its 50-day moving average of $11.21 and above its 200-day moving average of $6.97.

SmarTrend is bullish on shares of VQ and our subscribers received an Uptrend alert on July 17, 2009 at $8.38, which has returned 68.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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