Buckeye Partners (BPL) Bullish Technical Alert - Trend Up 16.1%

Posted on: Mon, 20 Jul 2009 16:03:00 EDT


Symbols: BPL
Jul 20, 2009 (SmarTrend(R) Spotlight via COMTEX) --
BPL | Quote | Chart | News | PowerRating -- Buckeye Partners (NYSE:BPL) is trading 1.8% higher (up $0.79 to $43.94) today on volume of 150,273 shares. The stock is trading near its 52-week high of $44.54. We are watching for a close above that level.

Buckeye Partners is currently above its 50-day moving average of $42.04 and above its 200-day moving average of $37.61.

SmarTrend is bullish on shares of BPL and our subscribers received an Uptrend alert on March 13, 2009 at $37.86, which has returned 16.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Buckeye Partners (L.P.) (BPL) BPL. Buckeye Partners (L.P.) (BPL) has Short Term PowerRatings at TradingMarkets. Details on Buckeye Partners (L.P.) (BPL) Short Term PowerRatings is available at This Link.

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