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Look for Shares of Twenty-First - B to Potentially Pullback after Yesterday's 7.43% Rise

By David Diaz

Twenty-First - B (NASDAQ:FOX) traded in a range yesterday that spanned from a low of $43.20 to a high of $43.70. Yesterday, the shares gained 7.4%, which took the trading range above the 3-day high of $40.74 on volume of 5.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Twenty-First - B share prices have moved between a 52-week high of $43.70 and a 52-week low of $24.30 and are now trading 79% above that low price at $43.40 per share. The 200-day and 50-day moving averages have moved 0.60% higher and 0.67% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Twenty-First - B on February 26th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $38.01. Since that recommendation, shares of Twenty-First - B have risen 6.3%. We continue to monitor FOX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders twenty-first - b

Ticker(s): FOX