Yesterday, C group flashed an Oversold Buy Signal, and today, a more powerful long term Relative Strength Buy signal. Recently, the stock pulled back despite strong money flow. With the Power Gauge agreeing with the market in the form of Relative Strength, and the OB/OS Oscillator oversold, this is a picture perfect chart from a Chaikin Analytics standpoint. Financials as a group show strong technical and Power Gauge readings. C is already in our Chaikin Power User portfolio.
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June 2017
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