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After Yesterday's Rally of 1.71% Shares Could Potentially Pullback

By Nick Russo

Virtu Financia-A (NASDAQ:VIRT) traded in a range yesterday that spanned from a low of $16.60 to a high of $16.86. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $16.64 on volume of 199,000 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 Virtu Financia-A and will alert subscribers who have VIRT in their portfolio or watchlist when shares have changed trend direction.

Virtu Financia-A share prices have moved between a 52-week high of $29.17 and a 52-week low of $15.32 and are now trading 9% above that low price at $16.68 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.7%.

Keywords: rebounders virtu financia-a

Ticker(s): VIRT