Post Holdings Holds Long-Term Trendline Support, Looks Ready to Rally

By | December 28, 2016

Post Holdings (POST) has been moving higher for the last two years, establishing a well-defined uptrend line on the daily chart. Last month that line was successfully retested. In the past, retests have been followed by a bounce and then a short period of consolidation, before the stock went on to make a higher high. I took a look at the chart and the technicals on TheStreet.com on Tuesday.
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