damdaman

ETFC approaching key support/resistance level

NASDAQ:ETFC   E TRADE FINANCIAL CORP
25 1 0
$23 has been a key resistance level this year for ETFC             , and it is coinciding with the lower trend line of the recent channel. Looking for a reversal candle/pattern to go long, or a breakdown of the channel to stay out (see what happened at same level in April, as the $23 level turned back into resistance instead of holding).
damdaman
2 years ago
Rallied all the way from $22.94 to a positive close forming a nice hammer
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