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TMCNet: General Dynamics Bullish Moving Average Crossover Alert (GD)

[March 17, 2010]

General Dynamics Bullish Moving Average Crossover Alert (GD)

Mar 17, 2010 (SmarTrend(R) Market Surveillance via COMTEX) -- Today, shares of General Dynamics (NYSE:GD) have crossed bullishly above their 10-day moving average of $73.80 on volume of 1 million shares.

This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.

SmarTrend issued an Uptrend Alert for General Dynamics on November 16, 2009 at $68.19. In approximately 4 months, General Dynamics has returned 9% as of today's recent price of $74.31.


We will continue to monitor GD's share price relative to this moving average.

Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

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