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After Yesterday's Rally of 5.34% Shares Could Potentially Pullback

By James Quinn

Green Dot Corp-A (NYSE:GDOT) traded in a range yesterday that spanned from a low of $87.36 to a high of $92.40. Yesterday, the shares gained 5.3%, which took the trading range above the 3-day high of $86.84 on volume of 424,000 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 monitoring the recent change of momentum in Green Dot Corp-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Green Dot Corp-A in search of a potential trend change.

In the past 52 weeks, shares of Green Dot Corp-A have traded between a low of $54.08 and a high of $92.40 and are now at $90.39, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.38% higher and 0.29% lower over the past week, respectively.

Keywords: rebounders green dot corp-a

Ticker(s): GDOT