TD Ameritrade Candle Over Candle Reversal Off the 50 Day MA

Fundamentally, TD Ameritrade is struggling but after an earnings and revenue beat on October 24, 2017, and a Deutsche Bank upgrade today, things may be turning around for the company.

TD Ameritrade stock has done a candle over candle reversal off its 50 day moving average support after the company received an upgrade today from Deutsche Bank AG. Deutsche Bank AG upgraded the stock to a Buy rating from Hold, and set the price target at $55. Deutsche Bank has one of the most popular analysts divisions because of their excellent track record.

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Author: Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on GuerillaStockTrading.com unless specifically stated in the article. Owner of GuerillaStockTrading.com. Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.

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