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July 3, 2009

Forest City Enterprises (FCE.A) Channel Alert: 3.3% Move in 49 Days

FoxBusiness.com

Jul 02, 2009 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend's proprietary algorithms detected bearish price action on shares of Forest City Enterprises (NYSE:FCE.A) which generated a Downtrend alert on May 14, 2009 at $6.29.

Since the alert, FCE.A has trended 3.3% lower as of today's recent price of $6.08.

SmarTrend is actively monitoring Forest City Enterprises for any change in trend direction.

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NoLandGrab: In case folks at Forest City didn't notice, but two of the three related-ads that appeared with this item were for "penny stocks" — ouch!

Posted by lumi at July 3, 2009 5:16 AM