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Telephone & Data Systems Bullish Moving Average Crossover Alert (TDS)

By Nick Russo

Telephone & Data Systems (AMEX:TDS) shares have crossed bullishly above their 10-day moving average of $27.12 on a volume of 346K 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, Telephone & Data Systems has traded in a range of $20.83 to $32.97 and is now at $27.58, 32% above that low. The 200-day and 50-day moving averages have moved 0.07% higher and 1.55% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Telephone & Data Systems and will alert subscribers who have TDS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:tds telephone & data systems

Ticker(s): TDS