Time to Buy BreitBurn Energy Partners L.P. (BBEP) After Recent Moving Average Crossover?

Zacks

Are you a technical investor? If so, it may be time to consider BreitBurn Energy Partners L.P. (BBEP) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for BBEP.

This trend may have already begun, as shares of BBEP have moved by higher by 10.1% in just the past month. Plus, BBEP has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for BreitBurn Energy Partners L.P. has plenty of life left.



BREITBURN ENERGY PARTNERS LP COM (BBEP): Free Stock Analysis Report


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