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Shares of Aimmune Therapeu Exhibit Possible Trend Reversal as it Trades Higher (AIMT)

By James Quinn

Shares of Aimmune Therapeu are trading today in above average volume, with the share price rising 2.8% to $29.89. Approximately 542,000 shares have changed hands today vs. average 30-day volume of 313,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Aimmune Therapeu on February 21st, 2018 by issuing a Downtrend alert when the shares were trading at $33.22. Since that call, shares of Aimmune Therapeu have fallen 12.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Aimmune Therapeu share prices have been bracketed by a low of $22.85 and a high of $42.00 and are now at $29.68, 30% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.4%.

Keywords: unusual volume aimmune therapeu

Ticker(s): AIMT