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Bullish Moving Average Cross by Copa Holdin-Cl A (CPA)

By David Diaz

Copa Holdin-Cl A (NYSE:CPA) crossed over its 10-day moving average of $77.03 on a volume of 234K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Copa Holdin-Cl A share prices have moved between a 52-week high of $141.34 and a 52-week low of $74.77 and are now trading 3% above that low price at $77.16 per share. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Copa Holdin-Cl A on March 27th, 2018 by issuing a Downtrend alert when the shares were trading at $129.06. Since that call, shares of Copa Holdin-Cl A have fallen 40.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses copa holdin-cl a

Ticker(s): CPA