SmarTrend has detected shares of RBC Bearings (NASDAQ:ROLL) have bullishly opened above the pivot of $30.07 today and have reached the first resistance level of $30.71.

We are watching for a cross of the next upside pivot targets of $31.18 and $32.29. Also, the shares are currently trading above the 50-day moving average of $30.29 and above the 200-day moving average of $26.36.

SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of RBC Bearings on June 02, 2010 at $28.77. Since the call, the stock has risen 7%.

Other News:
Watch for Shares of RBC Bearings (ROLL) to Approach Resistance at $31.18
Schaeffler Group Industrial at the 2010 Zellcheming in Wiesbaden (Hall 9, Booth 932)
Award-winning, Chip-proof Cable Carrier
Applied Industrial Technologies Receives Platinum Alliance Supplier Award from Vulcan Materials Company
Federal-Mogul Acquires Daros Group to Strengthen Global Market Leadership in Industrial Piston Rings
Bearings Enable Precise Adjustment of Wind Turbine Blades
Ultracomp Bearings Excel in Rotary Applications
Shell Lubricants Introduces Wind Lubricant Portfolio to North America