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Look for Shares of Cno Financial Gr to Potentially Pullback after Yesterday's 1.30% Rise

By Shiri Gupta

Cno Financial Gr (NYSE:CNO) traded in a range yesterday that spanned from a low of $22.60 to a high of $23.13. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $22.71 on volume of 846,000 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 its subscribers protect gains by selling shares of Cno Financial Gr on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $24.20. Since that call, shares of Cno Financial Gr have fallen 7.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Cno Financial Gr share prices have moved between a 52-week high of $26.47 and a 52-week low of $14.30 and are now trading 58% above that low price at $22.63 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

Keywords: rebounders cno financial gr

Ticker(s): CNO