Blue Chip Daily Chart of the Week

Blue Chip Daily Chart of the Week:
Ally Financial, ALLY
Close: $28.63
Stop level for position traders and investors: $24.34
please see chart analysis below

  • Ally Financial, ALLY, is in a technical uptrend, with a series of higher highs and higher lows, above the rising 20, 50, & 100-day moving averages, and over the 200-dma, which is starting to flatten out, indicating an uptrend on multiple time frames.
  • ALLY recently corrected 13.4% and held into the rising 50-sma, a bullish signal.
  • ALLY closed near 8-month highs on Friday, after posting their earnings report.
  • On any pullbacks, $26 and the rising 50-dma are key support levels.
  • ALLY went onto our Chart of the Day Buy List for Members on 8/28 and is +23% since then.
  • ALLY is on this week’s Top 25 Buy list and has also been on our Weekly Buy List on 8/31, 9/06, 9/13, 9/27 and 10/04.


Join us now to get trade signals like this daily, before they break out, and to get immediate access to my Weekly Top 25 Stocks Buy List, published today.

See my updated Top 5 open positions here and recent best Buy list alerts for Members.

Have a great week,

Larry Tentarelli





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