Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

E*TRADE Financial Corporation (ETFC) Short Term Technical Outlook...

|Includes: E*TRADE Financial Corporation (ETFC)

E*TRADE Financial Corporation (NASDAQ:ETFC) jumped 8.4% on Friday on almost 4x average volume after the release of its good fourth-quarter results and closed at 24.56, right at resistance area, which if broken with a move (confirmation of trend) above 25 is likely to accelerate prices even higher toward 26-27 in the short term period.