[May 10, 2013] Carter's Rises 4.49% on Heavy Volume: Watch For Potential Pullback Tweet May 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Carter's (NYSE:CRI) traded in a range yesterday that spanned from a low of $67.00 to a high of $70.06. Yesterday, the shares gained 4.5%, which took the trading range above the 3-day high of $66.13 on volume of 1.6 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, Carter's has traded in a range of $48.67 to $70.06 and is now at $69.79, 43% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.1%. SmarTrend recommended that subscribers consider buying shares of Carter's on April 9th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $59.25. Since that recommendation, shares of Carter's have risen 12.7%. We continue to monitor CRI 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 ]