Toll Brothers (TOL) Price Target Raised Alert, Watch for 11.8% Technical Uptrend Continuation

Posted on: Thu, 24 Sep 2009 09:12:00 EDT


Symbols: TOL
Sep 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
TOL | Quote | Chart | News | PowerRating -- Toll Brothers (NYSE:TOL) reiterated Buy, $28 target, at Goldman. The stock closed yesterday at $20.68 on volume of 3,496,600 shares, below average daily volume of 3,698,900.

Toll Brothers is currently above its 200-day moving average of $19.05 and should find resistance at its 50-day moving average of $20.84.

SmarTrend is bullish on shares of TOL and our subscribers received an Uptrend alert on July 23, 2009 at $18.50, which has returned 11.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Toll Brothers Inc (TOL) TOL. Toll Brothers Inc (TOL) has Short Term PowerRatings at TradingMarkets. Details on Toll Brothers Inc (TOL) Short Term PowerRatings is available at This Link.

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