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Look for Shares of Sba Comm Corp to Potentially Pullback after Yesterday's 1.63% Rise

By James Quinn

Sba Comm Corp (NASDAQ:SBAC) traded in a range yesterday that spanned from a low of $158.55 to a high of $161.39. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $159.93 on volume of 197,000 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 Sba Comm Corp and will alert subscribers who have SBAC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Sba Comm Corp share prices have been bracketed by a low of $140.62 and a high of $177.67 and are now at $161.00, 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

Keywords: rebounders sba comm corp

Ticker(s): SBAC