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2U Inc Bullish Moving Average Crossover Alert (TWOU)

By Nick Russo

2U Inc (NASDAQ:TWOU) crossed over its 10-day moving average of $86.77 on a volume of 185K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

2U Inc share prices have moved between a 52-week high of $90.81 and a 52-week low of $27.49 and are now trading 217% above that low price at $87.22 per share. The 200-day and 50-day moving averages have moved 0.43% lower and 3.13% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of 2U Inc on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $75.15. Since that recommendation, shares of 2U Inc have risen 12.7%. We continue to monitor TWOU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses 2u inc

Ticker(s): TWOU