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Pool Corp Crosses Above its 10-day MA (POOL)

By James Quinn

Today, shares of Pool Corp (NASDAQ:POOL) have advanced above their 10-day MA of $186.30 on a volume of 138K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Pool Corp have traded between a low of $136.83 and a high of $193.43 and are now at $187.51, which is 37% 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 remained constant.

SmarTrend recommended that subscribers consider buying shares of Pool Corp on December 31st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $148.49. Since that recommendation, shares of Pool Corp have risen 23.8%. We continue to monitor POOL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses pool corp

Ticker(s): POOL