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Bullish Moving Average Cross by Dish Network-A (DISH)

By David Diaz

Dish Network-A (NASDAQ:DISH) crossed over its 10-day moving average of $32.01 on a volume of 277K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Dish Network-A has traded in a range of $28.93 to $66.50 and is now at $32.13, 11% above that low. The 200-day and 50-day moving averages have moved 0.99% lower and 1.44% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Dish Network-A on December 27th, 2017 by issuing a Downtrend alert when the shares were trading at $48.03. Since that call, shares of Dish Network-A have fallen 33.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dish network-a

Ticker(s): DISH