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Revlon Inc-A Crosses Below its 10-day MA (REV)

By Nick Russo

Today, shares of Revlon Inc-A (NYSE:REV) have crossed bearishly below their 10-day moving average of $22.33 on a volume of 238K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Revlon Inc-A have traded between a low of $14.00 and a high of $27.90 and are now at $20.20, which is 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.9% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Revlon Inc-A on August 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.55. Since that recommendation, shares of Revlon Inc-A have risen 37.9%. We continue to monitor REV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses revlon inc-a

Ticker(s): REV