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After Yesterday's Rally of 4.01% Shares Could Potentially Pullback

By Shiri Gupta

Tilly'S Inc-Cl A (NYSE:TLYS) traded in a range yesterday that spanned from a low of $11.23 to a high of $11.88. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $11.78 on volume of 338,000 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 its subscribers protect gains by selling shares of Tilly'S Inc-Cl A on September 7th, 2018 by issuing a Downtrend alert when the shares were trading at $19.04. Since that call, shares of Tilly'S Inc-Cl A have fallen 41.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Tilly'S Inc-Cl A share prices have been bracketed by a low of $10.72 and a high of $24.98 and are now at $11.23, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.7% while the 200-day MA has slid 0.2%.

Keywords: rebounders tilly's inc-cl a

Ticker(s): TLYS