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Brink'S Co/The Rises 1.28% on Heavy Volume: Watch For Potential Pullback

By David Diaz

Brink'S Co/The (:BCO) traded in a range yesterday that spanned from a low of $76.15 to a high of $77.73. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $76.66 on volume of 122,000 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 Brink'S Co/The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Brink'S Co/The in search of a potential trend change.

In the past 52 weeks, Brink'S Co/The share prices have been bracketed by a low of $59.08 and a high of $85.00 and are now at $77.36, 31% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

Keywords: rebounders :bco brink's co/the

Ticker(s): BCO