Joined Nov 11, 2007
1,458 Blog Posts

$SNFCA Continues Its Ascent

I brought to your attention $SNFCA in my recent high tight flag screen, published Wednesday night. The stock is now up more than 7% since it was flagged.

The stock has broken out of a descending triangle but has yet to pierce overhead resistance. Bulkowski’s rules for high tight flags trigger a buy when price gets one penny above the top of the flag pole. For SNFCA, this breakout price is $11.47

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