First Republic Bank
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Bullish Divergence on FRC stock

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I am going in long on FRC this MondayFRC. There's a very strong bullish divergence on the RSI in the daily chart, and we are clearly breaking out of a strong trend line that was formerly resistance. I'm expecting this thing to squeeze nicely, because their fundamentals and management team seem sound and technicals are clearly shouting that there is going to be a bounce of some sort this coming week.

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