KRE - Regional Banking Crisis or Opportunity?
KRE Regional Banking ETF
We are currently at oversold levels that offered good historic returns even if we only rise 15% to TASECTORBALANCE (Dec 2018 low) before moving lower.
Given the evolving Banking Crisis we could we revisit the bottom of the long term channel by EOY. This would be a great opportunity.
Throwback to TASECTORBALANCE dollars current idea... stay frosty on this one traders. Current wick low is your stop.
Safe Trading
PUKA
We are currently at oversold levels that offered good historic returns even if we only rise 15% to TASECTORBALANCE (Dec 2018 low) before moving lower.
Given the evolving Banking Crisis we could we revisit the bottom of the long term channel by EOY. This would be a great opportunity.
Throwback to TASECTORBALANCE dollars current idea... stay frosty on this one traders. Current wick low is your stop.
Safe Trading
PUKA
Trade closed: target reached:
UPDATE: KRE - Regional Banking ETF
Exited position on June 7th on the open. 22% attained. A much shorter trade to what I'm used too. I actually sold just before target was reached but if your in I would exit now. I do not know what could happen next. We could revert to lower end of channel. It was a short bounce trade.
Exited position on June 7th on the open. 22% attained. A much shorter trade to what I'm used too. I actually sold just before target was reached but if your in I would exit now. I do not know what could happen next. We could revert to lower end of channel. It was a short bounce trade.