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SmarTrend Watching for Potential Pullback in Shares of Vanguard Emerging Markets ETF After 1.11% Gain

By Shiri Gupta

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $38.41 to a high of $38.67. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $38.36 on volume of 5.1 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 38% above that low price at $38.60 per share. The 200-day and 50-day moving averages have moved 0.36% lower and 0.70% higher over the past week, respectively.

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 5.4%. 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