American Axle & Manufacturing (AXL) Bullish Technical Alert - Trend Up 257.2%
Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: American Axle & Manufacturing Holdings, Inc. (AXL)
American Axle & Manufacturing (NYSE:AXL) is trading 6.2% higher (up $0.36 to $6.18) today on volume of 1,343,944 shares. The stock has traded within a 52-week range of $0.26 and $8.89.
American Axle & Manufacturing is currently above its 200-day moving average of $3.16 and should find resistance at its 50-day moving average of $6.74.
SmarTrend is bullish on shares of AXL and our subscribers received an Uptrend alert on July 29, 2009 at $1.73, which has returned 257.2% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: American Axle & Manufacturing Holdings, Inc. (AXL)
Related terms: manufacturing, market, nyse, securities
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