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Bullish Moving Average Cross by Harsco Corp (HSC)

By James Quinn

Harsco Corp (NYSE:HSC) shares have crossed bullishly above their 10-day moving average of $21.90 on a volume of 139K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Harsco Corp share prices have been bracketed by a low of $5.81 and a high of $23.20 and are now at $22.05, 280% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 2%.

SmarTrend recommended that subscribers consider buying shares of Harsco Corp on February 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.28. Since that recommendation, shares of Harsco Corp have risen 12.8%. We continue to monitor HSC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses harsco corp

Ticker(s): HSC