The whole financial sector looks too risky for me with the fed halting interest rate hikes and stopping QT. GS is the exception.. and maybe AMTD.
Got in yesterday at $192.10
- Fib loves support at $170 12/31-1/14
- Retested support at $190
- If it can punch through $203 (resistance) I think this thing is mooning to $210
- At the very least this is a safe trade to $203 because it has to retest that resistance
- Moving avg bullish
- Bullish volume because of that earnings beat on 1/14
- EPS Est $4.45
- EPS Actual $6.05 – +35% beat
- Weekly MACD looks VERY bullish
Got in yesterday at $192.10
Trade closed: target reached:
Closed position with small profits.
Spooked out. I think when the bull run ends the financials will be the first to tumble.
Spooked out. I think when the bull run ends the financials will be the first to tumble.