New York Community Bank: Bullish Hammer Test

BATS:NYCB   New York Community Bancorp, Inc.
NYCB printed a Bullish Hammer followed by an Inverted Hammer at the low and has Bullishly Engulfed it, I now think there is a decent chance to attempt to use those Hammers as a Support which would act as a macro bottom and perhaps fill the upside gap. I will be buying At The Money Call LEAPS at the strike of $5.00 just to see if we can get anything out of this price action.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.