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Look for Shares of Vanguard Emerging Markets ETF to Potentially Pullback after Yesterday's 1.29% Rise

By Amy Schwartz

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $37.86 to a high of $38.13. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $37.92 on volume of 10.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Vanguard Emerging Markets ETF share prices have moved between a 52-week high of $44.43 and a 52-week low of $27.98 and are now trading 36% above that low price at $38.04 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on July 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.22. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 3.6%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders amex:vwo vanguard emerging markets etf

Ticker(s): VWO