Kellwood (KWD) Stock Watch

Today was the second rebound day in a row for Kellwood (KWD) after a big drop in the stock’s price on may 30th. Trading now right around its 50 day moving average this is a stock to keep a close eye on. Either you will see the stock fall below the 50 day again, close there, and stay there which would resemble a bearish trend, or the stock will have one more strong accumulation day to signal there is still still upward movement to come. KWD is a apparel and clothing manufacturer and closed today at $31.92, up $.73. Just remember that number, $31.92 for the future.

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