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World Wrestlin-A Set to Possibly Pullback After Yesterday's Rally of 2.43%

By Amy Schwartz

World Wrestlin-A (NYSE:WWE) traded in a range yesterday that spanned from a low of $72.46 to a high of $74.01. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $73.90 on volume of 223,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for World Wrestlin-A and will alert subscribers who have WWE in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, World Wrestlin-A share prices have been bracketed by a low of $58.50 and a high of $100.45 and are now at $73.43, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Keywords: rebounders world wrestlin-a

Ticker(s): WWE