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Watch for Twenty-First - B to Potentially Rebound After Falling 1.57% Yesterday

By Nick Russo

Twenty-First - B (NASDAQ:FOX) traded in a range yesterday that spanned from a low of $33.10 to a high of $34.03. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $33.38 on volume of 646,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Twenty-First - B have traded between the current low of $33.10 and a high of $51.88 and are now at $33.26. The 200-day and 50-day moving averages have moved 0.39% lower and 0.05% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Twenty-First - B on March 19th, 2019 by issuing a Downtrend alert when the shares were trading at $40.22. Since that call, shares of Twenty-First - B have fallen 16.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders twenty-first - b

Ticker(s): FOX