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StockProfit.com Technical Trading Alert: Gerdau S.A. (ADR) (NYSE: GGB).

Publication: M2 Presswire
Publication Date: 29-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-StockProfit.com: StockProfit.com Technical Trading Alert: Gerdau S.A. (ADR) (NYSE: GGB)(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

Los Angeles, CA - Tony Golan, Chief Technical Analyst with StockProfit.com, has issued a Technical Trading Alert on Gerdau S.A. (ADR) (NYSE: GGB).

According to Mr. Golan, "GGB is in a strong long-term up-trend. The stock is making higher highs and higher lows above a rising 200-day moving average. Relative Strength Differential (RSD), our proprietary indicator for selecting super-strong stocks, is well above the 25% threshold, indicating...

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