Huntington Bancshares broke out of an ascending triangle pattern last week & has continued to see its bullish momentum continue. The stock is showing relative strength across the board whether talking about the SPY or its sector/industry.
I would like to see it hold above the breakout level but I have my two initial price targets noted on the chart.
I wonder how the merger next month with TCF Bank is going to effect the price movement over the rest of the year. I am holding TCF shares that are going to split 3 for 1 in a few weeks, and I am curious about the outlook.