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Kellogg (K) Upgrade Alert, Watch for 30% Technical Uptrend Continuation

Oct 30, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Kellogg Co. (K)

Kellogg (NYSE:K) upgraded to Buy from Hold at Citigroup. The stock closed yesterday at $51.38 on volume of 2,980,200 shares, above average daily volume of 1,997,625.

Kellogg is currently above its 50-day moving average of $48.70 and above its 200-day moving average of $44.24.

SmarTrend is bullish on shares of K and our subscribers received an Uptrend alert on April 09, 2009 at $39.53, which has returned 30% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Kellogg Co. (K)


Related terms: market, nyse, securities

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