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Kosmos Energy Lt Crosses Above its 10-day MA (KOS)

By Nick Russo

Kosmos Energy Lt (NYSE:KOS) shares have crossed bullishly above their 10-day moving average of $6.59 on a volume of 1.0 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Kosmos Energy Lt share prices have moved between a 52-week high of $9.75 and a 52-week low of $3.53 and are now trading 91% above that low price at $6.74 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 2.1%.

SmarTrend is tracking the current trend status for Kosmos Energy Lt and will alert subscribers who have KOS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses kosmos energy lt

Ticker(s): KOS