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Tractor Supply Bullish Moving Average Crossover Alert (TSCO)

By James Quinn

Today, shares of Tractor Supply (NASDAQ:TSCO) have advanced above their 10-day MA of $55.43 on a volume of 353K shares. This may provide swing traders with 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 Tractor Supply have traded between a low of $52.85 and a high of $97.25 and are now at $55.80, which is 6% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tractor Supply on March 21st, 2017 by issuing a Downtrend alert when the shares were trading at $69.63. Since that call, shares of Tractor Supply have fallen 20.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tractor supply

Ticker(s): TSCO