Vanguard Emerging Markets ETF Bullish Moving Average Crossover Alert (VWO)

Today, shares of Vanguard Emerging Markets ETF VWO have crossed bullishly above their 10-day moving average of $43.32 on volume of 1 million shares.

This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.

SmarTrend issued an Uptrend Alert for Vanguard Emerging Markets ETF on February 17, 2010 at $39.42. In approximately 2 months, Vanguard Emerging Markets ETF has returned 10.8% as of today's recent price of $43.66.

We will continue to monitor VWO's share price relative to this moving average.

Write to Chip Brian at cbrian@tradethetrend.com

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