Rent-A-Center, Inc. ( $RCII )- is one of the super and best stock to buy as of May 7, 2019. It’s a growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a tight sideways move most of the 2018.
3. The trading volume also very quiet during the move.
4. The stock finally broke out on heavier volume.
5. It has a nice run after the break out.
6. The stock had a quick consolidation after that.
7. The stock also found support at the key 50 day moving average line.
8. The stock broke out again.
9. The stock fall into another quick consolidation.
10. The accumulation volume also running above average at times.
11. The buying price would be $25.05 – $26-30.
