Constellation Energy Partners LLC (CEP)

[stockprofitter]

Upgrade Alert:

Nov 09, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX News Network) --
Callon Petroleum (NYSE:CPE) was upgraded from Neutral to Buy at SunTrust today.
The stock closed yesterday at $4.50 on volume of 533,000 shares, above average
daily volume of 230,000. There is potential upside of 103.7% for shares of Callon
Petroleum based on a current price of $4.50 and an average consensus analyst price
target of $9.17. The stock should find initial resistance at its 200-day moving
average (MA) of $5.59 and further resistance at its 50-day MA of $5.90.
Callon Petroleum Company acquires, develops, and explores oil and gas properties.
The Company's properties are concentrated offshore in the Gulf of Mexico and onshore
in Louisiana and Alabama.
In the past 52 weeks, Callon Petroleum share prices have been bracketed by
a low of $3.80 and a high of $7.95 and closed yesterday at $4.50, 18% above that
low price. The 200-day and 50-day moving averages have moved 0.02% higher and 0.15%
higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Callon Petroleum.
Please refer to our Company Overview for the results of our proprietary technical
indicators that have been scanning shares of Callon Petroleum in search of a potential
trend change.