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Stock impact report

What the charts say: Bullish on RPM International [Toronto Globe and Mail (Ontario, Canada)]

RPM International Inc. (RPM) 
Last rpm international inc. earnings: 4/8 06:45 am Check Earnings Report
US:NYSE Investor Relations: rpminc.com/investor-information
Special to The Globe and Mail Published December 21, 2018 Updated December 21, 2018 For Subscribers Comments RPM International (Friday’s close US$58.38) had a sharp rise from US$36.77 to US$55.92 in 2016 (A-B) and then settled in a wide horizontal trading range mostly between US$47 and US$57 (dashed lines). Subsequently, it rallied to a high of US$68.13 and became overbought at that time (C). The stock is currently in the midst of a minor pullback toward its rising 40-week Moving Average (D). There is good support near ±US$59 but only a sustained decline below ±US$57 would be negative. Behaviour indicators including the 40-week Moving Average (40wMA) and the rising trend-line (solid line) confirm the bullish status. After a correction, Point & Figure measurements suggest targets of US$72 and US$76. The large trading range (dashed lines) supports higher targets. Story con Show less Read more
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