TradingView
RizeSenpai
Aug 29, 2023 2:09 PM

BMO: Broke Through and Confirmed Supply at a Demand Line Short

Bank Of MontrealNYSE

Description

BMO has broken down a previous Demand Line and Confirmed it as a present Supply Line. I am now looking for BMO to break below the 200-week Simple Moving average; upon doing that, there will be nothing left for BMO to hold on to and should take it down to about $43.
More