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After Yesterday's Rally of 12.72% Shares Could Potentially Pullback

By David Diaz

Aimmune Therapeu (NASDAQ:AIMT) traded in a range yesterday that spanned from a low of $26.50 to a high of $27.38. Yesterday, the shares gained 12.7%, which took the trading range above the 3-day high of $26.61 on volume of 373,000 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 Aimmune Therapeu have traded between a low of $16.95 and a high of $36.12 and are now at $27.29, which is 61% above that low price. The 200-day and 50-day moving averages have moved 0.17% higher and 1.85% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Aimmune Therapeu and will alert subscribers who have AIMT in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders aimmune therapeu

Ticker(s): AIMT