Sagar Nandi
One of our CUE Traders brought this Stock to my notice. OFG Bancorp (OFG.N).

Here is CUE 360° Analysis of the Stock.

OFG Bancorp has given GWF Trend Following Long signal on CUE At A Glance charts on Wed 14th Feb.

OFG AAG 2018-02-18_5-51-40.jpg 

The Stock is Fundamentally Strong (Optimally Valued as can be seen from CUE Vital Statistics).

OFG Vital 2018-02-18_6-04-16.jpg 
CUE Edge analysis of OFG's Industry (Regional Banks) is shown below.

OFG Edge 2018-02-18_6-05-41.jpg 
The above shows that if someone is Bullish on Financials/Regional Banks, then OFG is a good potential Buy opportunity. It could be bought on Wed itself when the GWF Long signal came. Every day that OFG goes higher, the Stop becomes farther away and Profit Target nearer, reducing Reward Risk Ratio.

What about buying it on Monday 19th Feb after Market Open?

One may keep an eye on Financials (XLF may be used as a proxy) on Monday to see if the Sector is strong and if so, use CUE Fine Tune chart to make a precise and Low-Risk entry in OFG using Early Range Breakout technique or other technique as seen applicable on Monday on CUE Real Time chart.

XLF as of Friday's Close shows that it is already up from the recent Swing Low. It is near Value Area. Friday's price move shows it gave back some its gains as did the Broad Market ETFs. One may see if XLF is going up again next week before buying Financials Stocks.

XLF HO 2018-02-18_5-54-28.jpg 


Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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