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Look for Shares of Aaron'S Inc to Potentially Pullback after Yesterday's 1.63% Rise

By James Quinn

Aaron'S Inc (:AAN) traded in a range yesterday that spanned from a low of $62.81 to a high of $64.04. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $62.95 on volume of 300,000 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 tracking the current trend status for Aaron'S Inc and will alert subscribers who have AAN in their portfolio or watchlist when shares have changed trend direction.

Aaron'S Inc share prices have moved between a 52-week high of $68.44 and a 52-week low of $39.28 and are now trading 62% above that low price at $63.79 per share. The 200-day and 50-day moving averages have moved 0.54% higher and 0.14% lower over the past week, respectively.

Keywords: rebounders :aan aaron's inc

Ticker(s): AAN