Allstate Corp. has been on a tear over the past month breaking out of the $127 level and taking the express lane up 15% for the month of March. However the next road block will require alot more strength to move throgh as this will be the 3rd time in a little over a year that we attempt to break through the $140 level.
If the Relative Strength Index has anything to say about this approach this time around we certainly dont have the strength behind this move that we saw the first time...
The next few days should be telling.
If the Relative Strength Index has anything to say about this approach this time around we certainly dont have the strength behind this move that we saw the first time...
The next few days should be telling.