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After Yesterday's Rally of 1.01% Shares Could Potentially Pullback

By James Quinn

Helen Of Troy (NASDAQ:HELE) traded in a range yesterday that spanned from a low of $136.86 to a high of $138.94. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $138.10 on volume of 72,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Helen Of Troy have traded between a low of $89.65 and a high of $145.47 and are now at $138.94, which is 55% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.7%.

SmarTrend is tracking the current trend status for Helen Of Troy and will alert subscribers who have HELE in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders helen of troy

Ticker(s): HELE