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Tesaro Inc Crosses Above its 10-day MA (TSRO)

By Shiri Gupta

Today, shares of Tesaro Inc (NASDAQ:TSRO) have crossed bullishly above their 10-day moving average of $35.26 on a volume of 254K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Tesaro Inc have traded between a low of $25.62 and a high of $129.64 and are now at $36.16, which is 41% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 1.6%.

SmarTrend recommended that subscribers consider buying shares of Tesaro Inc on August 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $31.27. Since that recommendation, shares of Tesaro Inc have risen 12.1%. We continue to monitor TSRO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses tesaro inc

Ticker(s): TSRO