The six month chart illustrates the strong resistance along the 50 day moving average and neither the MACD nor RSI are signaling a change in momentum.
I like the story and at this point accumulating a position in a stock that is building a base is not a bad strategy.
Canadian bank stocks have some challenges to deal with when it comes to moving higher.
Hi Lou, What do you think? Is Bank of America Corp (NYSE: BAC) a good value at this point, or am I waiting for a deeper discount before I will consider buying some? Vincent Hi Vincent, Thanks for the assignment. I recently screened over 60 mid cap U.S. banks for the Trade [...]
From a risk management perspective I would say the best play would be the ride from $2.50 to $5.00 if it gets there.
Back on February 26 th it was noted that a good entry point would be in the $3.85 range and at yesterday’s close it has provided a 26.49% return. Yes you have to manage the foreign exchange risk but still sweet!
The sanctity of the dividend is the foundation that supports investor confidence in a company.
