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After Yesterday's Rally of 2.46% Shares Could Potentially Pullback
[February 14, 2012]

After Yesterday's Rally of 2.46% Shares Could Potentially Pullback


Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Williams-Sonoma (NYSE:WSM) traded in a range yesterday that spanned from a low of $36.78 to a high of $37.60. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $37.29 on volume of 2.0 million 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 Williams-Sonoma and will alert subscribers who have WSM in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Williams-Sonoma share prices have been bracketed by a low of $27.90 and a high of $45.48 and are now at $37.43, 34% above that low price. The 200-day and 50-day moving averages have moved 0.25% lower and 0.03% higher over the past week, respectively.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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