[Premium] Trade Of The Week

JC Parets
December 14, 2022

The market breadth has definitely improved, but certain stocks are pushing higher on momentum, and we're here to identify just those! This week, we have a stock from the Financial Sector.

DCB Bank has moved past to highest level since the March 2022 bear market. Price has broken above the 2.8-years-long base with momentum in strong overbought territory. The whole banking sector is outperforming the broader market, which could benefit this stock.
We are bullish above the risk management level of 129, with a target close to 173.

Click on the chart to zoom in.

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Allstarcharts Team

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