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Clean Harbors Crosses Above its 10-day MA (CLH)

By David Diaz

Clean Harbors (NYSE:CLH) crossed over its 10-day moving average of $47.71 on a volume of 128K 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.

Clean Harbors share prices have moved between a 52-week high of $61.62 and a 52-week low of $43.03 and are now trading 14% above that low price at $48.99 per share. The 200-day and 50-day moving averages have moved 0.14% lower and 1.08% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Clean Harbors on March 26th, 2018 by issuing a Downtrend alert when the shares were trading at $48.83. Since that call, shares of Clean Harbors have fallen 6.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses clean harbors

Ticker(s): CLH