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SmarTrend Watching for Potential Pullback in Shares of Huntington Ingal After 1.25% Gain

By James Quinn

Huntington Ingal (NYSE:HII) traded in a range yesterday that spanned from a low of $222.58 to a high of $225.80. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $225.46 on volume of 84,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that its subscribers protect gains by selling shares of Huntington Ingal on April 27th, 2018 by issuing a Downtrend alert when the shares were trading at $248.51. Since that call, shares of Huntington Ingal have fallen 10.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Huntington Ingal has traded in a range of $190.90 to $276.69 and is now at $225.44, 18% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has remained constant.

Keywords: rebounders huntington ingal

Ticker(s): HII