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SmarTrend Watching for Potential Pullback in Shares of Aimmune Therapeu After 3.63% Gain

By James Quinn

Aimmune Therapeu (NASDAQ:AIMT) traded in a range yesterday that spanned from a low of $24.88 to a high of $25.48. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $25.06 on volume of 204,000 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 Aimmune Therapeu and will alert subscribers who have AIMT in their portfolio or watchlist when shares have changed trend direction.

Aimmune Therapeu share prices have moved between a 52-week high of $36.12 and a 52-week low of $16.95 and are now trading 48% above that low price at $25.09 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

Keywords: rebounders aimmune therapeu

Ticker(s): AIMT