HBAN ran into momentum issues in mid-March and again in mid-April as prices continued to attempt to push higher, while the MACD started to roll over.
Since that time, HBAN has fallen more than 5% and has seen its RSI tumble back to the 40 level, generally a nice entry spot in an uptrending stock.
Also, if the low candlebodies from mid-October and mid-January are extended, it intersects currently with the 10.50 level, or thereabouts.
Consider entry at the current price and then again at $10.50, with a closing stop at $10.25 and a target at $11.75.
— John S. Hopkins, Jr., Invested Central
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