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Papa John'S Intl Bullish Moving Average Crossover Alert (PZZA)

By Amy Schwartz

Today, shares of Papa John'S Intl (NASDAQ:PZZA) have crossed bullishly above their 10-day moving average of $51.89 on a volume of 184K 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, Papa John'S Intl has traded in a range of $50.31 to $81.09 and is now at $52.74, 5% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Papa John'S Intl on May 8th, 2018 by issuing a Downtrend alert when the shares were trading at $59.05. Since that call, shares of Papa John'S Intl have fallen 12.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses papa john's intl

Ticker(s): PZZA