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Gaming And Leisu Bearish Moving Average Crossover Alert (GLPI)

By Shiri Gupta

Gaming And Leisu (NASDAQ:GLPI) shares have crossed bearishly below their 10-day moving average of $39.73 on a volume of 114K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Gaming And Leisu have traded between a low of $31.19 and a high of $40.69 and are now at $39.56, which is 27% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

SmarTrend recommended that subscribers consider buying shares of Gaming And Leisu on March 22nd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.52. Since that recommendation, shares of Gaming And Leisu have risen 7.7%. We continue to monitor GLPI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses gaming and leisu

Ticker(s): GLPI