Morgan Stanley China A Share Fund (NYSE:CAF) crossed under its 10-day moving average of $22.05 on a volume of 106K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Morgan Stanley China A Share Fund has traded in a range of $17.68 to $22.94 and is now at $21.86, 24% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.8%.

SmarTrend recommended that subscribers consider buying shares of Morgan Stanley China A Share Fund on October 18th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.73. Since that recommendation, shares of Morgan Stanley China A Share Fund have risen 13.0%. We continue to monitor CAF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.