Look at the recent growth here! Today is a massive selloff on Wall St and yet...well you see it with your own eyes. Watch the RSI because it is trending toward over bought, but when they get to highs like this they always are.
"Fundamental factors:
Market Cap $6.28 billion
P/E 20.04
Dividend yield 3.84%
Revenue expected to grow 5.70% this year and another 3.50%...
CUBE - of the financial sector
long over 32.5 which currently represents a resistance level
Support level: 31.5
First target would be: 33.3
OBV and MacD support the idea.
Planing an entry over 32.5 after an approval candle and follow-up of trading volumes.
this is not a recommendation (-:
as always, feedback is welcome
Another signal in my trend based strategy for this stock to move to the upside also a strong support level. I will update this idea when something new comes up.
There is a possible correction of the price.
We anticipate at least the down movement to 24.00 price.
Sell only after price turning to the short after consolidation
approximately 28.00
Stop loss to the high of local consolidation (approximately 28.30-28.40)
target 24.00 (sizing+inclined support)
