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Watch for Pbf Energy Inc-A to Potentially Rebound After Falling 1.49% Yesterday

By James Quinn

Pbf Energy Inc-A (NYSE:PBF) traded in a range yesterday that spanned from a low of $20.84 to a high of $21.28. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $21.50 on volume of 853,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Pbf Energy Inc-A share prices have moved between a 52-week high of $30.98 and a 52-week low of $18.48 and are now trading 15% above that low price at $21.16 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for Pbf Energy Inc-A and will alert subscribers who have PBF in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders pbf energy inc-a

Ticker(s): PBF