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Hubspot Inc Set to Possibly Pullback After Yesterday's Rally of 2.25%

By David Diaz

Hubspot Inc (NYSE:HUBS) traded in a range yesterday that spanned from a low of $131.90 to a high of $135.25. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $132.20 on volume of 186,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Hubspot Inc on May 9th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $114.33. Since that recommendation, shares of Hubspot Inc have risen 14.8%. We continue to monitor HUBS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Hubspot Inc share prices have moved between a 52-week high of $135.25 and a 52-week low of $63.00 and are now trading 113% above that low price at $134.10 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 1.0%.

Keywords: rebounders hubspot inc

Ticker(s): HUBS