E Trade Financial Corp (ETFC): Breakout from Falling Wedge

  • Post author:

For my team members.

Buy on Rumours, Sell on News … ETFC is for momentum trading.

ETFC breakout from Falling Wedge with exit price target at about $16.78 (78.6% Fibonacci Resistance).

 

Citadel, the largest investor is pushing for a sales. One analyst estimate the Fair value of ETFC is in the range of $18 to $21.
 
Continue ReadingE Trade Financial Corp (ETFC): Breakout from Falling Wedge