Consolidated Edison (ED) Upgrade Alert, Watch for 12% Technical Uptrend Continuation
Nov 06, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Consolidated Edison, Inc. (ED)
Consolidated Edison (NYSE:ED) upgraded to Sell from Conviction Sell at Goldman. The stock closed yesterday at $41.55 on volume of 1,673,600 shares, below average daily volume of 1,802,171.
Consolidated Edison is currently above its 50-day moving average of $40.87 and above its 200-day moving average of $38.54.
SmarTrend is bullish on shares of ED and our subscribers received an Uptrend alert on June 19, 2009 at $37.08, which has returned 12% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Consolidated Edison, Inc. (ED)
Related terms: market, nyse, securities
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