Ep 157: Market Back In Uptrend, But What's Driving Indexes Higher?
Investing With IBD
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The Relative Strength Line Is Right Near New Highs
This is one of those classic stocks that goes underneath the radar right no one is really watching a company that's involved in cooking oil and and stuff like that but it has been slowly accumulated. Even today where you kind of had that reversal and it's a little bit below the pivot it doesn't necessarily bother me too much, he says. The relative strength line is right near new highs and powerful breakout so there are a lot of things technically to like about this stock.
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