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Raymond James Financial, Inc. Message Board

  • blue_chip68 blue_chip68 Apr 3, 2009 10:54 AM Flag

    Tech comment from Dorsey Wright

    [RJF] Raymond James Financial Inc ($18.830) - Wall Street - The trend chart of RJF is now positive with the stock having worked through the bearish resistance line at 18.5 in March. The stock has continued to consolidate and now the most recent reversal up sets up for a potential quadruple top at 21. Okay to buy RJF on that breakout at 21 with the first sign of trouble coming at 17, a spread double bottom. On the upside, the next price objective is 31.

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RJF
59.69+0.35(+0.59%)10:25 AMEDT