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Allied World Breaks Out – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/18329/Allied+World+Breaks+Out+-+Zacks+Tale+of+the+Tape
Posted on Wednesday, March 18th, 2009 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Allied World Assurance Holdings Ltd.(AWH) jumped nearly 5% at midday to break through a short-term level of resistance at $38.04. This Zacks#1 Rank (“Strong buy”) stock is now trading above both indicators and its natural support level at $36.74. AWH beat the consensus estimate in 3 of the last 4 quarters.

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