STT, not a so terrible stock, formed bullish divergence against both RSI and MACD. Price also touched and lightly bounced from short term support line, 50% fib level (red line) and 78.6% fib level (blue line) of the last rising leg. Stochastic also crosses over.
The confluency of multiple of supportive TA clues mentioned above gave me a short term BUY...
State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management.
We are waiting for new peaks from this paper. Be careful in case of consolidation of the price near the upper border of the trend (the upper green line).
P/E 18.09
Forward P/E 12.64
Open 106.61
SL 104.51
TP...
