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After Yesterday's Rally of 3.34% Shares Could Potentially Pullback

By Amy Schwartz

Green Dot Corp-A (NYSE:GDOT) traded in a range yesterday that spanned from a low of $86.58 to a high of $89.76. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $86.95 on volume of 277,000 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 Green Dot Corp-A on May 10th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.87. Since that recommendation, shares of Green Dot Corp-A have risen 21.7%. We continue to monitor GDOT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Green Dot Corp-A have traded between a low of $37.81 and a high of $89.76 and are now at $89.23, which is 136% above that low price. The 200-day and 50-day moving averages have moved 0.66% higher and 1.16% higher over the past week, respectively.

Keywords: rebounders green dot corp-a

Ticker(s): GDOT