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James River Coal Company (JRCC) goes positive by breaking intraday moving average

The intraday price for James River Coal Company has moved above its 200 period 30 minute moving average of 17.26. JRCC is near 17 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $16. Falling below that might indicate a change in trend.

This entry was posted on Thursday, July 29th, 2010 at 2:07 pm and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.