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Gaming And Leisu Crosses Above its 10-day MA (GLPI)

By James Quinn

Today, shares of Gaming And Leisu (NASDAQ:GLPI) have crossed bullishly above their 10-day moving average of $26.13 on a volume of 299K 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, Gaming And Leisu share prices have been bracketed by a low of $13.04 and a high of $50.99 and are now at $27.11, 108% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.9% while the 200-day MA has slid 0.9%.

SmarTrend recommended that subscribers consider buying shares of Gaming And Leisu on March 20th, 2020 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.63. Since that recommendation, shares of Gaming And Leisu have risen 24.4%. We continue to monitor GLPI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses gaming and leisu

Ticker(s): GLPI