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Pg&E Corp Rises 2.28% on Heavy Volume: Watch For Potential Pullback

By David Diaz

Pg&E Corp (NYSE:PCG) traded in a range yesterday that spanned from a low of $7.50 to a high of $7.64. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $7.62 on volume of 754,000 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 Pg&E Corp and will alert subscribers who have PCG in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Pg&E Corp has traded in a range of $3.55 to $27.60 and is now at $7.63, 115% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3.1%.

Keywords: rebounders pg&e corp

Ticker(s): PCG