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W&T Offshore Has Returned 31.2% Since SmarTrend Recommendation (WTI)May 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for W&T Offshore (NYSE:WTI) on March 21st, 2012 at $22.79. In approximately 2 months, W&T Offshore has returned 31.23% as of today's recent price of $15.67. In the past 52 weeks, shares of W&T Offshore have traded between a low of $11.87 and a high of $29.27 and are now at $15.67, which is 32% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 2.2%. W&T Offshore, Inc. is an independent oil and natural gas company focused primarily on the Gulf of Mexico area in the United States. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of W&T Offshore. Log in and add W&T Offshore (WTI) 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 |
