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Bullish Moving Average Cross by Tjx Cos Inc (TJX)

By Nick Russo

Tjx Cos Inc (NYSE:TJX) crossed over its 10-day moving average of $69.99 on a volume of 772K 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, shares of Tjx Cos Inc have traded between a low of $68.22 and a high of $83.64 and are now at $70.48, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 0.44% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Tjx Cos Inc on May 16th, 2017 by issuing a Downtrend alert when the shares were trading at $74.20. Since that call, shares of Tjx Cos Inc have fallen 5.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tjx cos inc

Ticker(s): TJX