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Sabre Corp Set to Possibly Rebound After Yesterday's Selloff of 2.19%

By James Quinn

Sabre Corp (NASDAQ:SABR) traded in a range yesterday that spanned from a low of $21.77 to a high of $22.42. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $22.55 on volume of 4.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Sabre Corp has traded in a range of $17.30 to $29.63 and is now at $22.25, 29% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Sabre Corp on February 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.36. Since that recommendation, shares of Sabre Corp have risen 11.9%. We continue to monitor SABR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders sabre corp

Ticker(s): SABR