FCOM Surges Past Key Moving Average with Promising Momentum

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In trading on Tuesday, shares of the Fidelity MSCI Communication Services Index ETF (FCOM) traded above the 200-day moving average of $71.75, reaching a peak of $71.83 per share. As of now, the ETF is up approximately 1% for the day.

Over the past year, FCOM has experienced a low of $65.26 and a high of $75.94, with the latest trade confirming its movement above the key moving average level.

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