Bullish break above downtrend & 200MA.
Back tested as support.
Rising 50ma
MACD up-trending
Histogram bullish
Earnings impressed.
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IBTX: Independent Bank Group, Inc
2018-10-24 13:00:00
Independent Bank Group, Inc. Declares Quarterly Dividend and Announces Reestablishment of Share Repurchase Program
IBTX is setting up in a tight square box base (could turn into a flat base) only about 8% deep. It's getting support at the 21ema so far. There is an advanced pivot at 64. The RS line is climbing and remains near highs. IBTX is ranked #1 in its industry group and the group is ranked #3 per investors.com.
There has been very heavy buying since mid-October (see...
