We can clearly see that bank of America has always been a leading indicator of a bear market since it starts falling before the S&P 500
Danske does not look investible at all, declining volume and descending stock price points to a trip south. I'd say next stop is around 105DKK Keep in mind weekly didn't close yet, still watching for this going into next week.
Santander, good opportunity to enter in a long position, it´s near de anual support of 3.8, then it rise to 4.40 near and make a retracement to 4.05€ to the level 61 of Fibbonacci and after bad news so it´s a goood oportunity to enter long, maybe can have a continuation on the dowtrend but it´s in a good price for long swing.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Established in 2001, Capitec has become South Africa’s fastest growing bank, and today has more than 7.3 million clients, 720 branches and over 11 000 employees. With shares listed for sale on the Johannesburg Stock Exchange (JSE) in 2002, the bank is renowned for its affordability and simplified model of banking, which has received superb buy in from clients of...
Sberbank of Russia - large degree wavecount - Abc correction in 3 wave painting itself nicely - Crypto is setting up to eat into world markets dominance Stay profitable
Nedbank Group is one of SA’s four largest banking groups by assets and deposits, with Nedbank Ltd. being its principal banking subsidiary. Nedbank Group is a JSE Top 40 company with its ordinary shares listed on the JSE since 1969 and on the Namibian Stock Exchange since 2007. The group's market capitalisation was R128 billion at 31 December 2017. Old Mutual plc...
A dark cloud cover has formed on JSE:SBK which is a top reversal signal, so we can expect a downwards move. A dark cloud cover follows a preceding up trend where a red candle opens up above the previous day's green candle and closes 50% below it's body. This particular pattern has formed on quite a strong resistance level which solidifies the signal. We will...
Limit Order: Sell EUR/USD @ 1.1436 TP: 1.1426 SL: 1.1446
Mike Novogratz, the founder and CEO of Galaxy Digital LP (GLXY) now owns around 80% of the company. Shares reacted well to the news, jumping 40% to close the day at $1.40 CAD.
Pending Order: Buy USD/CHF @ 0.9907 TP: 0.9919 SL: 0.9895
Pending Order Sell CHF/JPY: 113.88 TP: 113.78 SL: 113.98
Pending Order: Sell Eur/JPY: 128.90 TP: 128.78 SL: 129.02
Whats up traders, Most of the explanation is on the chart - pretty self evident what i am looking at.
Pending Order: Sell CAD/CHF @ 0.7428 TP: .7418 SL: .7439
Head and Shoulders Top - Erste Bank - Measured Move
Standard Bank Group Ltd. is the ultimate holding company for the group’s interests and is a leading African financial services group with South African roots. The group is South Africa’s largest banking group by assets and currently operates in 20 countries in sub-Saharan Africa. Their strategic position enables them to connect Africa to other selected emerging...
Pending Order: Buy AUD/JPY: 82.34 TP: 82.46 SL: 82.22 Please follow me to see more quality trades analyzed.