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Wesco Intl Crosses Above its 10-day MA (WCC)

By David Diaz

Wesco Intl (NYSE:WCC) shares have crossed bullishly above their 10-day moving average of $59.89 on a volume of 130K 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.

In the past 52 weeks, shares of Wesco Intl have traded between a low of $48.95 and a high of $69.35 and are now at $60.45, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.34% higher and 0.39% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Wesco Intl on February 8th, 2018 by issuing a Downtrend alert when the shares were trading at $62.43. Since that call, shares of Wesco Intl have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses wesco intl

Ticker(s): WCC