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After Yesterday's Rally of 1.48% Shares Could Potentially Pullback

By James Quinn

Tiffany & Co (NYSE:TIF) traded in a range yesterday that spanned from a low of $106.56 to a high of $107.44. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $107.11 on volume of 212,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Tiffany & Co and will alert subscribers who have TIF in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Tiffany & Co have traded between a low of $73.04 and a high of $141.64 and are now at $107.44, which is 47% above that low price. The 200-day and 50-day moving averages have moved 0.37% lower and 1.10% higher over the past week, respectively.

Keywords: rebounders tiffany & co

Ticker(s): TIF