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SmarTrend Watching for Potential Pullback in Shares of Wesco Aircraft H After 5.04% Gain

By Shiri Gupta

Wesco Aircraft H (NYSE:WAIR) traded in a range yesterday that spanned from a low of $10.58 to a high of $11.09. Yesterday, the shares gained 5.0%, which took the trading range above the 3-day high of $10.72 on volume of 395,000 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 subscribers consider buying shares of Wesco Aircraft H on March 19th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.73. Since that recommendation, shares of Wesco Aircraft H have risen 20.5%. We continue to monitor WAIR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Wesco Aircraft H have traded between a low of $7.38 and a high of $14.23 and are now at $11.00, which is 49% above that low price. The 200-day and 50-day moving averages have moved 0.38% lower and 1.07% higher over the past week, respectively.

Keywords: rebounders wesco aircraft h

Ticker(s): WAIR