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PD_Capital
Jun 12, 2020 7:26 PM

Canadian Banks cover the gap and fail at resistance..... Short

Canadian Imperial Bank of CommerceNYSE

Description

All Canadian banks show similar patterns. Downtrend over the last 2+ years. Broke support to the downside last March leaving a decent size gap. Bounce over the last few weeks to cover the gap and fail at previous support, now resistance. going down imo.
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