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E*TRADE Financial Corporation (ETFC) “On a long-term technical basis, the stock (ETFC) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 48.66 and 46.16. If the stock breaks down through support at 48.66 then it will probably continue lower to 46.16. The stock will meet resistance at 57.31 and 67.23. If the stock breaks up through resistance at 57.31 then it will probably continue higher to 67.23. The 200-day moving average is at 44.43. This will also act as support. The stock is neutral according to the Stochastic Indicator (53.08).”
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