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Blueprint Medici Bullish Moving Average Crossover Alert (BPMC)

By David Diaz

Blueprint Medici (NASDAQ:BPMC) shares have crossed bullishly above their 10-day moving average of $45.10 on a volume of 190K 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.

In the past 52 weeks, shares of Blueprint Medici have traded between a low of $17.35 and a high of $56.81 and are now at $45.25, which is 161% above that low price. The 200-day and 50-day moving averages have moved 1.55% lower and 1.12% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Blueprint Medici on August 3rd, 2017 by issuing a Downtrend alert when the shares were trading at $48.30. Since that call, shares of Blueprint Medici have fallen 12.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses blueprint medici

Ticker(s): BPMC