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axelroark

Financials Due for a Quick Bounce Off Support

Long
SPDR S&P Regional Banking ETF (AMEX:KRE)  
axelroark Updated   
AMEX:KRE   SPDR S&P Regional Banking ETF
Chart Patterns Technical Indicators financials banking KRE ETF Bullish Patterns
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chartpattern indicator financials banking kre etf bullish
I'm not sure this is bullish long-term, but do expect a $3 bounce near term for financials as this pattern sorts itself out.
Trade closed manually:
Due for a bit more bounce, but closing as idea was validated.
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