Seacoast Banking Corporation of Florida
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SBCF - CUP WITH HANDLE PATTERN

82
SBCF
SBCF formed a cup with handle in recent weeks and has come close to its buy area. We will watch closely for a pull back to the 24 level. With the current setup and resistance levels. The next high was back before COVID, on Jan 3, 2020 of 31.42. 2021 estimates put this up with a 21% increase over sales. Most conservative estimates have this getting to 28. We will watch closely.

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