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Hollyfrontier Co Set to Possibly Pullback After Yesterday's Rally of 2.56%

By Nick Russo

Hollyfrontier Co (NYSE:HFC) traded in a range yesterday that spanned from a low of $40.24 to a high of $41.51. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $40.56 on volume of 643,000 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, Hollyfrontier Co share prices have been bracketed by a low of $37.73 and a high of $77.12 and are now at $41.34, 10% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 2%.

SmarTrend is tracking the current trend status for Hollyfrontier Co and will alert subscribers who have HFC in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders hollyfrontier co

Ticker(s): HFC