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(EMAILWIRE.COM, December 24, 2007 ) Los Angeles, CA ---December 24th, 2007 ----Tony Golan, Chief Technical Analyst with StockProfit.com, has featured Hess Corp. (NYSE: HES) as his Chart of the Week.
According to Mr. Golan, “Hess Corp. (NYSE: HES) is starting a strong new long-term up-trend. Over the past year, HES had been trending up slowly, and managed to stay above the 200-day moving average for the most part. More recently, however, HES picked up some speed and momentum and has been trending up sharply. The stock hit a low of 64.29 in late November and has been on a tear since then, hitting a new high of 98.19 last Friday. The powerful move this far away from the 200-day moving average is confirmed by a high reading in Relative Strength Differential (RSD), our proprietary indicator for selecting stocks in super-strong up-trends, indicating that HES is outperforming the S&P 500 by the widest of margin”.
For the full details, visit http://www.stockprofit.com/chart
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StockProfit.com, is dedicated to using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks, in addition to providing an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
Disclaimer: Copyright© 2007 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication nor guarantee of future results. The information contained herein is believed to be accurate. This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations, or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way. We do not hold any positions whatsoever in the above mentioned company(ies).CONTACT: Alan Klitenic , P.A. Relations, TEL: 818 334 4469 EMAIL: amk@stockprofit.com
P.A. Relations
Alan Klitenic
818-334-4469
amk@stockprofit.com 
Source: EmailWire.com
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