ALLY Finance recovering after nice 14% pullback.

ALLY is another stock that has been consistently making higher highs over the last 12 months, but recently had a nice deep pullback to value of around 14%.

RSI shows it is at a better value area and MACD looks like bearish pressure on the price is reducing and buyers are coming back in helping the price recover.

Earnings aren't too far away so buyer beware. The deal they did with Sezzle last month gives us an indication that they could be open to more innovative fintech type deals.

Worth keeping an eye on.

Commentaire:

Nice 14% PullBack

Commentaire:

Nice 5% move on Friday and back up above its 20 day. Time to look for entry if interested in this stock.

Commentaire:

Still waiting on convincing move up.