Truist Financial - over-reaction to FOMC verbage? Long

Truist Financial CorporationNYSE

Description

⋅ Jun 20, 2021 8:01 PM

This charts mirrors KRE , regional bank ETF, fairly close.

I prefer to own SunTrust/ Truist ...

Note the dividend yield, makes this more interesting to own in a taxable brokerage account versus and IRA.

Disclosure: I already own it, am also plan to trade it week 25. Will be comfortable holding it, if it continues to sink.

Comment

⋅ Jul 11, 2021 11:56 AM

TFC just formed a double bottom, if that means anything. Surely doesn't hurt.

But would like to see it back towards the middle of the Bollinger Bands

Trend Analysis