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Watch for Werner Ent to Potentially Pullback After Gaining 2.00% Yesterday

By David Diaz

Werner Ent (NASDAQ:WERN) traded in a range yesterday that spanned from a low of $29.95 to a high of $30.67. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $30.45 on volume of 351,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Werner Ent on April 21st, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $28.23. Since that recommendation, shares of Werner Ent have risen 6.3%. We continue to monitor WERN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Werner Ent has traded in a range of $21.35 to $32.45 and is now at $30.50, 43% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

Keywords: rebounders werner ent

Ticker(s): WERN