SmarTrend Watching for Potential Pullback in Shares of Sara Lee After 1.05% Gain
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[February 14, 2012]

SmarTrend Watching for Potential Pullback in Shares of Sara Lee After 1.05% Gain

Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Sara Lee (NYSE:SLE) traded in a range yesterday that spanned from a low of $19.95 to a high of $20.27. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $20.16 on volume of 5.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.


Over the past year, Sara Lee has traded in a range of $15.66 to $20.27 and is now at $20.25, 29% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Sara Lee on October 14th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.66. Since that recommendation, shares of Sara Lee have risen 13.5%. We continue to monitor SLE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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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