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Watch for Strayer Education to Potentially Rebound After Falling 17.20% Yesterday
[November 09, 2012]

Watch for Strayer Education to Potentially Rebound After Falling 17.20% Yesterday

Nov 09, 2012 (SmarTrend(R) News Watch via COMTEX) -- Strayer Education (NASDAQ:STRA) traded in a range yesterday that spanned from a low of $46.08 to a high of $51.85. Yesterday, the shares fell 17.2%, which took the trading range below the 3-day low of $54.81 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

SmarTrend recommended that its subscribers protect gains by selling shares of Strayer Education on July 24th, 2012 by issuing a Downtrend alert when the shares were trading at $93.21. Since that call, shares of Strayer Education have fallen 39.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Strayer Education share prices have moved between a 52-week high of $120.00 and the current low of $46.08 and are currently at $46.51 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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