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Watch for Copa Holdin-Cl A to Potentially Rebound After Falling 1.78% Yesterday

By James Quinn

Copa Holdin-Cl A (NYSE:CPA) traded in a range yesterday that spanned from a low of $121.65 to a high of $124.93. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $122.05 on volume of 150,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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 $133.70 and a 52-week low of $48.57 and are now trading 152% above that low price at $122.30 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