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Uptrend Call Working As Bluegreen Stock Rises 84.5% (BXG)Apr 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Bluegreen (NYSE:BXG) on November 14th, 2011 at $2.72. In approximately 5 months, Bluegreen has returned 84.53% as of today's recent price of $5.01. In the past 52 weeks, Bluegreen share prices have been bracketed by a low of $1.87 and a high of $5.04 and are now at $5.01, 168% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 5.0%. Bluegreen Corporation acquires, develops, markets, and sells timeshare resorts and residential land. The Company's timeshare resorts are located in a variety of vacation destinations such as Myrtle Beach, Orlando, and Aruba. Bluegreen's land operations are primarily located in the southeastern and southwestern United States. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Bluegreen shares.Log in and add Bluegreen (BXG) 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 [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 |
