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Bullish Moving Average Cross by Marinemax Inc (HZO)

By Nick Russo

Today, shares of Marinemax Inc (NYSE:HZO) have crossed bullishly above their 10-day moving average of $18.58 on a volume of 401K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Marinemax Inc share prices have moved between a 52-week high of $24.30 and a 52-week low of $13.80 and are now trading 58% above that low price at $21.75 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Marinemax Inc on April 3rd, 2018 by issuing a Downtrend alert when the shares were trading at $18.67. Since that call, shares of Marinemax Inc have fallen 6.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses marinemax inc

Ticker(s): HZO