deegreatq

Bearish on Daily - Long Hold

Long
NYSE:APAM   Artisan Partners Asset Management Inc.
BEARISH for the next few days but BULLISH Long-Term hold . Spotting divergence on RSi , MACD showing buyers weakening, hitting key 0.5 fib level on the daily downtrend. I believe it will come down a little and bounce on key support around 45.50. Fundamentals: Undervalued, pays good dividend 9.25%, earnings are forecasted to grow 5.22% per year.
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