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DISH Network Bullish Moving Average Crossover Alert (DISH)

By David Diaz

Today, shares of DISH Network (NASDAQ:DISH) have crossed bullishly above their 10-day moving average of $54.02 on a volume of 496K 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.

Over the past year, DISH Network has traded in a range of $38.85 to $76.29 and is now at $54.18, 39% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.7%.

SmarTrend recommended that subscribers consider buying shares of DISH Network on May 27th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $48.72. Since that recommendation, shares of DISH Network have risen 8.8%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Dish Network

Ticker(s): DISH