[February 14, 2012] After Yesterday's Rally of 2.91% Shares Could Potentially Pullback Tweet Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Cabot Oil & Gas (NYSE:COG) traded in a range yesterday that spanned from a low of $33.95 to a high of $35.23. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $34.12 on volume of 3.9 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 recommended that its subscribers protect gains by selling shares of Cabot Oil & Gas on January 11th, 2012 by issuing a Downtrend alert when the shares were trading at $36.86. Since that call, shares of Cabot Oil & Gas have fallen 7.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. In the past 52 weeks, Cabot Oil & Gas share prices have been bracketed by a low of $19.74 and a high of $45.00 and are now at $35.03, 77% above that low price. The 200-day and 50-day moving averages have moved 0.24% higher and 1.39% lower 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 [ Back To TMCnet.com's Homepage ]