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Harris Bullish Moving Average Crossover Alert (HRS)

By Nick Russo

Today, shares of Harris (NYSE:HRS) have crossed bullishly above their 10-day moving average of $110.06 on a volume of 189K 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, Harris has traded in a range of $70.10 to $113.00 and is now at $110.98, 58% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Harris on February 3rd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $104.85. Since that recommendation, shares of Harris have risen 4.9%. We continue to monitor HRS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses harris

Ticker(s): HRS