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Ddr Corp Set to Possibly Rebound After Yesterday's Selloff of 1.92%

By Nick Russo

Ddr Corp (NYSE:DDR) traded in a range yesterday that spanned from a low of $7.36 to a high of $7.61. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $7.45 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that its subscribers protect gains by selling shares of Ddr Corp on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $7.99. Since that call, shares of Ddr Corp have fallen 5.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Ddr Corp share prices have moved between a 52-week high of $19.92 and a 52-week low of $6.77 and are now trading 10% above that low price at $7.42 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.2%.

Keywords: rebounders ddr corp

Ticker(s): DDR