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TMCNet:  Shares of MEOH Up 15.9% Since Uptrend Call on Shares

[February 26, 2013]

Shares of MEOH Up 15.9% Since Uptrend Call on Shares

Feb 26, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Methanex (NASDAQ:MEOH) on December 3rd, 2012 at $30.45. In approximately 3 months, Methanex has returned 15.91% as of today's recent price of $35.29.
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Over the past year, Methanex has traded in a range of $19.50 to $36.52 and is now at $35.29, 81% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

Methanex Corporation produces and markets methanol. The Company's product is used to produce formaldehyde, acetic acid and a variety of other chemical intermediates. Methanol is also used as an additive in gasoline and is used in fuel cell applications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Methanex shares.Log in and add Methanex (MEOH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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