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Look for Shares of Td Ameritrade Ho to Potentially Rebound after Yesterday's 1.43% Sell Off

By James Quinn

Td Ameritrade Ho (NASDAQ:AMTD) traded in a range yesterday that spanned from a low of $59.66 to a high of $61.90. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $60.67 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Td Ameritrade Ho on September 18th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.71. Since that recommendation, shares of Td Ameritrade Ho have risen 35.1%. We continue to monitor AMTD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Td Ameritrade Ho share prices have been bracketed by a low of $26.37 and a high of $63.01 and are now at $60.74, 130% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.3%.

Keywords: rebounders td ameritrade ho

Ticker(s): AMTD