Keep an eye on Etrade Financial (ETFC) stock as it is nearing what either will be a triple bottom or a new downtrend yet to truly begin.
The low set on November 12th was $3.46, and all this week ETFC has been slowly selling its way down. Today the low is $3.55. Check out this chart for visual which includes the 20 day moving average,
Click to view, click again to zoom
Is ETFC really a buy out candidate or is this company destined to be trading under $3 by mid 2008? Time will tell.
[...] Stock Chart: ETFC Fresh Multi Year Lows? Posted this with ETFC at [...]