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Whirlpool Corp Set to Possibly Pullback After Yesterday's Rally of 3.45%

By James Quinn

Whirlpool Corp (NYSE:WHR) traded in a range yesterday that spanned from a low of $149.72 to a high of $154.01. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $150.87 on volume of 422,000 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 its subscribers protect gains by selling shares of Whirlpool Corp on February 8th, 2018 by issuing a Downtrend alert when the shares were trading at $167.97. Since that call, shares of Whirlpool Corp have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Whirlpool Corp share prices have moved between a 52-week high of $202.99 and a 52-week low of $145.59 and are now trading 6% above that low price at $153.83 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 1.31% higher over the past week, respectively.

Keywords: rebounders whirlpool corp

Ticker(s): WHR