After a highly anticipated new highs achieved on Thursday, The PNC Financial Services Group, Inc. (PNC) climbed higher on Friday and closed at $202.76, setting the new all-time highs at $203.87.
PNC Financial Services shares started an uptrend last July, and gained a gorgeous 14.92%. Rising tops and bottoms can be seen easily on a chart and how price action provided very few buy points on the breakouts. Latest low was in mid-September, when price bounced at $181.68. PNC Financial Services broke out above $195.33 (its last top) on September 27. That breakout was a good buying opportunity
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group.. The stock belongs to the Banks - Regional industry in the Financial sector. The company's Headquarters are in Pittsburgh, United States, and has 49,549 employees worldwide. Its corporate website is http://www.pnc.com.