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Twenty-First C-A Crosses Below its 10-day MA (FOXA)

By David Diaz

Today, shares of Twenty-First C-A (NASDAQ:FOXA) have crossed bearishly below their 10-day moving average of $49.99 on a volume of 547K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Twenty-First C-A has traded in a range of $35.40 to $51.99 and is now at $40.70, 15% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of Twenty-First C-A on November 8th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $47.75. Since that recommendation, shares of Twenty-First C-A have risen 7.6%. We continue to monitor FOXA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses twenty-first c-a

Ticker(s): FOXA