Stock Of The Day: Intuit Confirms Old Adage Of 'Sell At Former Peaks'

Quick Summary:

One such saying is, ‘Sell at former peaks.’

This concept is particularly relevant to Intuit Inc.(NASDAQ:INTU), which is why our team of trading experts has made it our “Stock of the Day.”

Stocks tend to hit resistance when they rally up to price levels that were resistance in the past.

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Article Details

Author / Journalist: Mark Putrino

Category: Technology

Markets: United States

Topics: Top Stories Benzinga US4612021034 Expert Ideas Technicals Stock of the Day Tech Stories That Matter INTU Short Ideas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 18:33:57 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22232211

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

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Publisher ID: #53

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