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Alon USA Energy Shares Up 29.8% Since SmarTrend's Buy Recommendation (ALJ)
Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Alon USA Energy (NYSE:ALJ) on November 6th, 2012 at $13.94. In approximately 2 months, Alon USA Energy has returned 29.82% as of today's recent price of $18.09.
Over the past year, Alon USA Energy has traded in a range of $7.52 to $18.36 and is now at $18.09, 141% above that low. The 200-day and 50-day moving averages have moved 1.25% higher and 1.60% higher over the past week, respectively.
Alon USA Energy, Inc. refines and markets oil, operates pipelines, and operates convenience stores. The Company operates a sour crude oil refinery and pipeline, markets gasoline and diesel fuel to retailers, markets unbranded gasoline and diesel and jet fuels, supplies asphalt in West Texas, New Mexico and Arizona, and operates convenience stores in West Texas and New Mexico.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Alon USA Energy shares.Log in and add Alon USA Energy (ALJ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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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
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