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Us Silica Holdin Set to Possibly Rebound After Yesterday's Selloff of 1.44%

By Nick Russo

Us Silica Holdin (NYSE:SLCA) traded in a range yesterday that spanned from a low of $24.84 to a high of $25.99. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $26.21 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Silica Holdin on June 5th, 2018 by issuing a Downtrend alert when the shares were trading at $30.11. Since that call, shares of Us Silica Holdin have fallen 12.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Us Silica Holdin share prices have moved between a 52-week high of $38.70 and a 52-week low of $23.75 and are now trading 9% above that low price at $25.93 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.

Keywords: rebounders us silica holdin

Ticker(s): SLCA