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Bullish Moving Average Cross by Expedia (EXPE)

By David Diaz

Today, shares of Expedia (NASDAQ:EXPE) have crossed bullishly above their 10-day moving average of $146.45 on a volume of 196K 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.

In the past 52 weeks, shares of Expedia have traded between a low of $88.40 and a high of $150.62 and are now at $147.21, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.08% higher and 0.65% higher over the past week, respectively.

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 12.8%. 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