I was stunned when ETFC fell below 4 in November, and the plunge under 3 last month was even more insane. Now that the Fed rate has been slashed and the worst seems to be behind E-Trade, the run to previous levels is no shock. At 4.97, ETFC is still below its 100-day SMA, not a bad price. But I prefer sub-4 as a suitable entry point.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment