Raymond James Financial, Inc. (RJF) broke out on Thursday over $95.16 and stated the continuation of the previous bullish trend. Price inched on Thursday a 1.47% closing at $95.86 and marking the new all-time highs at $97.24.
Raymond James Financial shares started an uptrend last July, and grew a gorgeous 17.29%. The chart shows higher highs and lows, and along the way gave very few entry points for those who wanted to invest. Latest low was in mid-September, when price bounced at $85.22. On Thursday, Raymond James Financial broke out above its last top ($95.16) giving a good entry point
Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities in the United States, Canada, and Europe.. The stock is part of the Capital Markets industry in the Financial sector. The company's Headquarters are in St. Petersburg, United States, and has 14,800 employees worldwide. Find further information about the company at its corporate website at http://www.raymondjames.com.