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Watch for Kaiser Aluminum to Pullback after Gaining 2.56% Yesterday (KALU)

iconSep 9, 2010 11:16
Source:SMM
Kaiser Aluminum shares to pullback

Sep 08, 2010 (SmarTrend(R) News Watch via COMTEX) -- Kaiser Aluminum (NASDAQ:KALU) traded in a range yesterday that spanned from a low of $39.43 to a high of $41.32. Yesterday, the shares gained 2.56%, which took the trading range above the 3-day high of $39.91 on volume of 571,000 shares.

Shares of Kaiser Aluminum are currently trading above their 50-day moving average (MA) of $38.18 and above their 200-day MA of $38.21. Look for these MAs to provide support for a short-term pullback in the shares.
 

Aluminum Al
Kaiser Aluminum

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