POOL - Pool Corporation Bullish Pivot
Pool Corp is giving off a bullish pivot signal today as it closed within the Keltner Channel bands. As price action crosses into the Keltner Channel, we'll watch to see if it continues moving across. In this case, the lower Keltner channel was crossed and therefore, could indicate some bullish days ahead. There will be some resistance ahead as POOL will need to plow through the 13 and 21 day EMAs. Let's see what happens.
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REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
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