The chart below was created last fall, reflecting that Preferred ETF (PFF) was reflecting sweet price action as it was breaking resistance (see post here)
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Below is an update to the above chart…
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PFF is up almost 9% since the last posting and continues to reflect positive price movement and OBV is moving to higher highs. This ETF continues to provide some NAV appreciation, along with an above average dividend stream.
Sonny…Congrats and great job!
A breakdown of support in PFF and JNK/HYG would be a reason to harvest the profits.
Chris
Chris, Thanks for the update and the original post. I’m still holding PFF. Didn’t buy it when you originally posted it. But up some on the price and collect the div each month.
What would be a sell signal?
Regards,
Sonny