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Bullish Moving Average Cross by International Ga (IGT)

By Nick Russo

International Ga (NYSE:IGT) shares have crossed bullishly above their 10-day moving average of $19.75 on a volume of 728K 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.

International Ga share prices have moved between a 52-week high of $31.00 and a 52-week low of $18.25 and are now trading 10% above that low price at $20.05 per share. The 200-day and 50-day moving averages have moved 0.54% lower and 1.11% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of International Ga on August 6th, 2018 by issuing a Downtrend alert when the shares were trading at $22.24. Since that call, shares of International Ga have fallen 12.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses international ga

Ticker(s): IGT