Date: 2013-08-01

RBC Bearings (ROLL) Approaches New Upside Target of $30.01

SmarTrend has detected shares of RBC Bearings (NASDAQ:ROLL) have bullishly opened above the pivot of $29.17 today and have reached the first resistance level of $29.61.

We are watching for a cross of the next upside pivot targets of $30.01 and $30.85. Also, the shares are currently trading above the 200-day moving average of $26.00 and should find resistance at the 50-day moving average of $30.67.

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 3.2%.

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