The Traderszone Network

Published in TZ Latest News 13 April, 2015 by The TZ Newswire Staff

Prepaid Card Leader Blackhawk Nearing Buy Point

It’s shaped an odd-looking chart, but Blackhawk Network Holdings (HAWK) is nearing a potential buy point. Blackhawk stock is forming a cup-with-handle base with an entry at 37.60. The stock tried to clear a cup-shaped base in late February but sold off just as it tried to break out. The sell-off came after Feb. 26, when the company announced quarterly results that unsettled investors.

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