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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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