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After Yesterday's Rally of 4.19% Shares Could Potentially Pullback

By Nick Russo

Twenty-First C-A (NYSE:FOXA) traded in a range yesterday that spanned from a low of $28.37 to a high of $29.40. Yesterday, the shares gained 4.2%, which took the trading range above the 3-day high of $28.30 on volume of 7.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Twenty-First C-A share prices have moved between a 52-week high of $32.60 and a 52-week low of $23.33 and are now trading 26% above that low price at $29.33 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for Twenty-First C-A and will alert subscribers who have FOXA in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders twenty-first c-a

Ticker(s): FOXA