Daily Stock Setups

ArcelorMittal (MT) Bullish Technical Alert - Trend Up 6.3%

Posted on: Tue, 24 Nov 2009 15:38:00 EST

Symbols: MT

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Nov 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
MT | Quote | Chart | News | PowerRating -- ArcelorMittal (NYSE:MT) is trading 0.2% higher (up $0.08 to $38.92) today on volume of 2,072,832 shares. The stock is trading near its 52-week high of $42.32. We are watching for a close above that level.

ArcelorMittal is currently above its 50-day moving average of $37.68 and above its 200-day moving average of $31.38.

SmarTrend is bullish on shares of MT and our subscribers received an Uptrend alert on November 09, 2009 at $36.60, which has returned 6.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Arcelor Mittal (MT) MT. Arcelor Mittal (MT) has Short Term PowerRatings at TradingMarkets. Details on Arcelor Mittal (MT) Short Term PowerRatings is available at This Link.

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