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Bullish Moving Average Cross by Expedia Inc (EXPE)

By Shiri Gupta

Expedia Inc (NASDAQ:EXPE) shares have crossed bullishly above their 10-day moving average of $56.34 on a volume of 758K 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 Expedia Inc have traded between a low of $40.76 and a high of $144.00 and are now at $59.00, which is 45% above that low price. The 200-day and 50-day moving averages have moved 1.61% lower and 6.25% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Expedia Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Expedia Inc in search of a potential trend change.

Keywords: moving crosses expedia inc

Ticker(s): EXPE