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After Yesterday's Rally of 47.65% Shares Could Potentially Pullback

By Amy Schwartz

Vista Outdoor (NYSE:VSTO) traded in a range yesterday that spanned from a low of $8.94 to a high of $9.74. Yesterday, the shares gained 47.6%, which took the trading range above the 3-day high of $8.92 on volume of 435,000 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 Vista Outdoor and will alert subscribers who have VSTO in their portfolio or watchlist when shares have changed trend direction.

Vista Outdoor share prices have moved between a 52-week high of $14.73 and a 52-week low of $4.30 and are now trading 119% above that low price at $9.42 per share. The 200-day and 50-day moving averages have moved 1.12% lower and 3.05% higher over the past week, respectively.

Keywords: rebounders vista outdoor

Ticker(s): VSTO