Sep
5
Grupo Financiero Galicia S.A. (
GGAL
)
is
looking like an interesting pick from a technical perspective, as
the company is seeing favorable trends on the moving average
crossover front. Recently, the 50 Day Moving Average for GGAL
broke out above the 200 Day Simple Moving Average, suggesting a
short-term bullish trend.
This has already started to take place, as the stock has moved
higher by
27.6%
in the past four weeks. Plus, the company currently has a
Zacks Rank #1 (Strong Buy)
suggesting that now could definitely be the time for this
breakout candidate.
GRUPO GALIC ADR (GGAL): Free Stock Analysis
Report
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