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Bullish Moving Average Cross by World Wrestlin-A (WWE)

By James Quinn

World Wrestlin-A (NYSE:WWE) crossed over its 10-day moving average of $70.89 on a volume of 878K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, World Wrestlin-A has traded in a range of $58.50 to $100.45 and is now at $71.02, 21% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of World Wrestlin-A on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $81.35. Since that call, shares of World Wrestlin-A have fallen 15.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses world wrestlin-a

Ticker(s): WWE