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Crosstex Energy Has Returned 15.3% Since SmarTrend Recommendation (XTEX)
Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Crosstex Energy (NASDAQ:XTEX) on January 2nd, 2013 at $15.18. In approximately 2 months, Crosstex Energy has returned 15.32% as of today's recent price of $17.50.
In the past 52 weeks, shares of Crosstex Energy have traded between a low of $13.06 and a high of $18.48 and are now at $17.50, which is 34% above that low price. The 200-day and 50-day moving averages have moved 0.05% higher and 1.52% higher over the past week, respectively.
Crosstex Energy, LP, is a midstream energy company which gathers, transmits, processes, and markets natural gas. The Company connects natural gas wells, largely in the Texas Gulf Coast area, to its gathering system, removes impurities and natural gas liquids, and transports the natural gas to industrial end-users, utilities, and other pipelines.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Crosstex Energy shares.Log in and add Crosstex Energy (XTEX) 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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