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Uptrend Call Working As Helix Energy Solutions Stock Rises 31.5% (HLX)
Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Helix Energy Solutions (NYSE:HLX) on November 30th, 2012 at $17.50. In approximately 2 months, Helix Energy Solutions has returned 31.47% as of today's recent price of $23.00.
In the past 52 weeks, Helix Energy Solutions share prices have been bracketed by a low of $14.90 and a high of $23.05 and are now at $22.83, 53% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.3%.
Helix Energy Solutions Group Inc. is a marine contractor and operator of offshore oil and gas properties and production facilities. The Company seeks to align the interests of the producer and contractor by investing in mature offshore oil and gas properties, hub production facilities, and undeveloped reserve plays.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Helix Energy Solutions shares.Log in and add Helix Energy Solutions (HLX) 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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