Williams-Sonoma Set to Possibly Pullback After Yesterday's Rally of 2.46%
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[February 14, 2012]

Williams-Sonoma Set to Possibly Pullback After Yesterday's Rally of 2.46%

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.


In the past 52 weeks, shares of Williams-Sonoma have traded between a low of $27.90 and a high of $45.48 and are now at $37.43, which is 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

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.


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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