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Look for Shares of Oshkosh Corp to Potentially Rebound after Yesterday's 3.09% Sell Off

By Amy Schwartz

Oshkosh Corp (NYSE:OSK) traded in a range yesterday that spanned from a low of $61.33 to a high of $64.30. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $63.33 on volume of 373,000 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 Oshkosh Corp on September 26th, 2018 by issuing a Downtrend alert when the shares were trading at $71.28. Since that call, shares of Oshkosh Corp have fallen 11.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Oshkosh Corp share prices have moved between a 52-week high of $100.26 and the current low of $61.55 and are currently at $61.66 per share. The 200-day and 50-day moving averages have moved 0.63% lower and 0.84% lower over the past week, respectively.

Keywords: rebounders oshkosh corp

Ticker(s): OSK