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SmarTrend Vindicated on Heckmann Uptrend Call: Stock Price Up 52.2% (HEK)Mar 30, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Heckmann (NYSE:HEK) on November 04, 2010 at $4.31. In approximately 5 months, Heckmann has returned 52.2% as of today's recent price of $6.56. In the past 52 weeks, shares of Heckmann have traded between a low of $3.63 and a high of $6.72 and are now at $6.56, which is 81% above that low price. Heckmann is currently above its 50-day moving average of $5.54 and above its 200-day moving average of $4.66. Look for these moving averages to climb to confirm the company's upward momentum. In the last five trading sessions, the 50-day MA has climbed 1.27% while the 200-day MA has risen 0.52%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Heckmann shares. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |