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$LKFN Possible Inverse H&S setup in Lakeland Financial Corp

Long
NASDAQ:LKFN   Lakeland Financial Corporation
Possible inverse H&S formation in play, alert set for a break above $48.37 with $52.50 as a a short term target at all time high.
Golden cross of 50&200 ma also present.
P/E ratio 14.15
Yield 2.53%
5.25% short interest.
Company profile
Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services through its wholly-owned subsidiary Lake City Bank. It offers commercial and consumer banking, trust and wealth management, brokerage, and treasury management commercial services. The company was founded on February 8, 1983 and is headquartered in Warsaw, IN.

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