Buy a Washington Federal Dip to $25
The longer-term view of WAFD above shows a breakout over $24.
Washington Federal (WAFD) has moved higher this year with only a shallow pullback this summer to the rising 200-day moving average. See the chart below.
The longer-term view of WAFD above shows a breakout over $24 with a rising 40-week moving average. The Moving Average Convergence Divergence (MACD) oscillator is in gear with the rally, but the OBV isn't quiet there. Traders should look to buy a dip to $25, if available, and then risk a close below $24.
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