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18.8% Return Seen to Date on SmarTrend Wausau Paper Call (WPP)
Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Wausau Paper (NYSE:WPP) on December 17th, 2012 at $8.51. In approximately 2 months, Wausau Paper has returned 18.80% as of today's recent price of $10.11.
In the past 52 weeks, shares of Wausau Paper have traded between a low of $7.46 and a high of $10.26 and are now at $10.06, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.
Wausau Paper Corp. produces printing and writing, specialty products, and towel and tissue papers. The Company's products include papers for printing and graphic arts, papers for business and education, technical paper, towel and tissue for away-from-home markets, silicone release liners, roll wrap, and torula dried yeast products.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wausau Paper shares.Log in and add Wausau Paper (WPP) 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
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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