jzhang396

TROW is notably weak

Long
jzhang396 Updated   
NASDAQ:TROW   T. Rowe Price Group, Inc.
Has a good yield, trailing earnings and looking to hold through earnings.
Comment:
If the 200 DMA is broken, the bottom will be difficult to find from a support/resistance line perspective, given the narrow channel TROW traded or much of the year. Doomsday scenario is 125 to form a triple bottom against September and October levels.
Comment:
There has been a strong bounce from the 200 day DMA, and will let this run through earnings.
Comment:
Wow, TROW is on fire!
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