$HBAN - well positioned to continue on its path

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HBAN has been in a rising channel since April, and is no touching the lower band of the channel. His area also includes some previous resistance turned support, as well as some movement paces. HBAN recently announced they are acquiring Veritex (VBTX) which will strengthen their mark in Texas. Please note HBAN is releasing earnings July 18th. A good report should see the stock moving towards the upper band of the channel, maybe break through it.

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