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After Yesterday's Rally of 1.62% Shares Could Potentially Pullback

By Shiri Gupta

Equifax (NYSE:EFX) traded in a range yesterday that spanned from a low of $137.37 to a high of $139.16. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $137.41 on volume of 174,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Equifax on February 8th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $121.51. Since that recommendation, shares of Equifax have risen 12.6%. We continue to monitor EFX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Equifax have traded between a low of $90.94 and a high of $139.89 and are now at $139.01, which is 53% above that low price. The 200-day and 50-day moving averages have moved 0.40% higher and 1.23% higher over the past week, respectively.

Keywords: rebounders equifax

Ticker(s): EFX