Four bottoms along this horizontal trend line placed. I would say a recovery is possible for price. This is the Weekly timeframe.
A attempted count for BANC's inverted H&S pattern We are currently experiencing the (1) move up 3 Is the head of the pattern (orange) 2, White are the shoulders
BANC after drop to $11.00 right the main support trend line it reversal back to uptrend. Pull back drop to $11.70 - $11.90 Target $13.30 I will hold tight without Stop Loss, it not recommend. Disclaimer
Focus in the short term (which is 25-45 DTE for me) will be on ETF's, although opportunities could crop up with earnings (still hoping for a TWTR dip post-earnings to go long via short puts). Here's what came up on my high IVR/IV screen: BANC, IVR's 100/IV 100. Options, however, are crappy (monthlies only), but you can get something decent for a 20 delta short...