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Gaslog Ltd Bullish Moving Average Crossover Alert (GLOG)

By Shiri Gupta

Gaslog Ltd (NYSE:GLOG) crossed over its 10-day moving average of $13.35 on a volume of 195K 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 Gaslog Ltd have traded between a low of $12.94 and a high of $23.14 and are now at $13.64, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Gaslog Ltd on April 9th, 2019 by issuing a Downtrend alert when the shares were trading at $16.26. Since that call, shares of Gaslog Ltd have fallen 19.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses gaslog ltd

Ticker(s): GLOG