Can Boardwalk (BWP) Continue to Rise?

Zacks Equity Research

Thu, Apr 10, 2014, 7:57 AM

Investors have definitely seen some solid trading in Boardwalk Pipeline Partners, LP (BWP) lately, leading to gains for some. However, BWP is now in overbought territory thanks to its latest move, as the firm has an RSI value of 71.4. Additionally, Boardwalk currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

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Can Boardwalk (BWP) Continue to Rise?

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