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Shares of Glaukos Corp Exhibit Possible Trend Reversal as it Trades Higher (GKOS)

By Amy Schwartz

Shares of Glaukos Corp are trading today in above average volume, with the share price rising 2.6% to $40.78. About 870,000 shares have been traded today, as compared to the 30-day average volume of 299,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Glaukos Corp on July 11th, 2017 by issuing a Downtrend alert when the shares were trading at $39.31. Since that call, shares of Glaukos Corp have fallen 3.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Glaukos Corp have traded between a low of $26.96 and a high of $52.49 and are now at $40.34, which is 50% above that low price. The 200-day and 50-day moving averages have moved 0.72% lower and 2.54% higher over the past week, respectively.

Keywords: unusual volume glaukos corp

Ticker(s): GKOS