Daily Stock Setups

Altra Holdings (AIMC) Upgrade Alert, Watch for 133.3% Technical Uptrend Continuation

Posted on: Thu, 24 Sep 2009 09:23:00 EDT

Symbols: AIMC

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Sep 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
AIMC | Quote | Chart | News | PowerRating -- Altra Holdings (NASDAQ:AIMC) upgraded to Buy from Neutral at BofA/Merrill. The stock closed yesterday at $10.22 on volume of 137,600 shares, below average daily volume of 230,813.

Altra Holdings is currently above its 50-day moving average of $9.36 and above its 200-day moving average of $7.19.

SmarTrend is bullish on shares of AIMC and our subscribers received an Uptrend alert on March 24, 2009 at $4.38, which has returned 133.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Altra Industrial Motion Inc. (AIMC) AIMC. Altra Industrial Motion Inc. (AIMC) has Short Term PowerRatings at TradingMarkets. Details on Altra Industrial Motion Inc. (AIMC) Short Term PowerRatings is available at This Link.

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