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Crown Castle Int Set to Possibly Pullback After Yesterday's Rally of 1.06%

By Shiri Gupta

Crown Castle Int (NYSE:CCI) traded in a range yesterday that spanned from a low of $164.01 to a high of $164.49. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $163.64 on volume of 525,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Crown Castle Int have traded between a low of $116.79 and a high of $164.49 and are now at $165.98, which is 42% above that low price. The 200-day and 50-day moving averages have moved 0.53% higher and 1.53% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Crown Castle Int and will alert subscribers who have CCI in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders crown castle int

Ticker(s): CCI