ABOUT US | SERVICES | SUBSCRIPTIONS | LOGIN | SIGNUP
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
MARKETS » MOBILE Commerce HTML5 WebRTC
HOT TOPICS » VIDEO MANAGED SERVICES WEARABLE TECH WORLD NETWORK MANAGEMENT

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SUBMIT
E*Trade Financial (ETFC) Approaches New Upside Target of $10.68
[January 28, 2013]

E*Trade Financial (ETFC) Approaches New Upside Target of $10.68

Jan 28, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of E*Trade Financial (NASDAQ:ETFC) have bullishly opened above the pivot of $10.19 today and have reached the first resistance level of $10.50. Investors may be interested in a cross of the next upside pivot targets of $10.68 and $11.17.

Based on a current price of $10.59, E*Trade Financial is currently 10.1% above its average consensus analyst price target of $9.52. The stock should discover initial support at its 50-day moving average (MA) of $8.85 and subsequent support at its 200-day MA of $8.73.

Over the past year, E*Trade Financial has traded in a range of $7.08 to $16.83 and is now at $10.59, 50% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has remained constant.


SmarTrend recommended that subscribers consider buying shares of E*Trade Financial on December 31st, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.82. Since that recommendation, shares of E*Trade Financial have risen 17.1%. We continue to monitor ETFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]


Upcoming Events



LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

IMPORTANT

SUBSCRIPTIONS


Subscribe to our FREE eNewsletters
SUBMIT

STAY CURRENT YOUR WAY

© 2013 Technology Marketing Corporation. All rights reserved.