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Bullish Moving Average Cross by Expedia (EXPE)

By Shiri Gupta

Today, shares of Expedia (NASDAQ:EXPE) have advanced above their 10-day MA of $140.07 on a volume of 457K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Expedia share prices have moved between a 52-week high of $143.30 and a 52-week low of $88.40 and are now trading 61% above that low price at $142.68 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Expedia on April 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $129.37. Since that recommendation, shares of Expedia have risen 8.1%. We continue to monitor EXPE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Expedia

Ticker(s): EXPE