Investing In: Fifth Third Bancorp (FITB)

Late Winter 2009, The stock pick was FITB it was a time for the bargain shopper to find penny stocks. The Global melt down sent investors running to scoop up some cheap shares of this one. First quarter of 2009 FITB put in a triple bottom then breaking resistance in the middle of March. Beginning in the first part of May it breaks resistance again running to a high as $9.00 a share. The stock rallied around 900% FITB is State Commercial Bank.

Source: StockCharts.com

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