[February 14, 2012] Dick's Sporting Goods Set to Possibly Pullback After Yesterday's Rally of 1.08% Tweet Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Dick's Sporting Goods (NYSE:DKS) traded in a range yesterday that spanned from a low of $44.02 to a high of $44.92. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $44.74 on volume of 1.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. In the past 52 weeks, shares of Dick's Sporting Goods have traded between a low of $29.10 and a high of $44.92 and are now at $44.82, which is 54% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant. SmarTrend recommended that subscribers consider buying shares of Dick's Sporting Goods on January 12th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $40.33. Since that recommendation, shares of Dick's Sporting Goods have risen 9.9%. We continue to monitor DKS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 ]