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Watch for Copa Holdin-Cl A to Potentially Pullback After Gaining 1.18% Yesterday

By David Diaz

Copa Holdin-Cl A (NYSE:CPA) traded in a range yesterday that spanned from a low of $135.67 to a high of $140.08. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $137.78 on volume of 140,000 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 Copa Holdin-Cl A and will alert subscribers who have CPA in their portfolio or watchlist when shares have changed trend direction.

Copa Holdin-Cl A share prices have moved between a 52-week high of $141.34 and a 52-week low of $48.57 and are now trading 185% above that low price at $138.57 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.5%.

Keywords: rebounders copa holdin-cl a

Ticker(s): CPA