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

By Nick Russo

Today, shares of Tesaro Inc (NASDAQ:TSRO) have advanced above their 10-day MA of $41.14 on a volume of 344K 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.

Over the past year, Tesaro Inc has traded in a range of $25.62 to $125.78 and is now at $41.60, 62% above that low. The 200-day and 50-day moving averages have moved 1.06% lower and 1.26% higher over the past week, respectively.

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 30.9%. 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