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Look for Shares of Yrc Worldwide In to Potentially Rebound after Yesterday's 4.60% Sell Off

By David Diaz

Yrc Worldwide In (NASDAQ:YRCW) traded in a range yesterday that spanned from a low of $3.10 to a high of $3.30. Yesterday, the shares fell 4.6%, which took the trading range below the 3-day low of $3.12 on volume of 451,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Yrc Worldwide In and will alert subscribers who have YRCW in their portfolio or watchlist when shares have changed trend direction.

Yrc Worldwide In share prices have moved between a 52-week high of $8.67 and a 52-week low of $1.95 and are now trading 65% above that low price at $3.21 per share. The 200-day and 50-day moving averages have moved 1.16% lower and 1.67% lower over the past week, respectively.

Keywords: rebounders yrc worldwide in

Ticker(s): YRCW