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After Yesterday's Rally of 3.39% Shares Could Potentially Pullback

By David Diaz

Intl Flvr & Frag (NYSE:IFF) traded in a range yesterday that spanned from a low of $137.98 to a high of $143.09. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $135.00 on volume of 911,000 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 Intl Flvr & Frag and will alert subscribers who have IFF in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Intl Flvr & Frag share prices have been bracketed by a low of $92.14 and a high of $152.95 and are now at $137.13, 49% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.6%.

Keywords: rebounders intl flvr & frag

Ticker(s): IFF