XLF seemed to avoid selloffs on Thursday/Friday where the rest of the market couldn't. Looking for further confirmation Tuesday/Wednesday 9/8 & 9/9
In dollar terms, the Turkish Banking Index is in a long-term squeeze. With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021. The estimated return on a rise up to horizontal resistance will also be over 200%... ...
Hello, I think that the BAC weight can be increased by putting stop-loss in the portfolio. Valuable Risk / Reward Ratio Target : 27.24 Take Profit Points 25.39 25.97 26.74 Stop-Loss : 23.91 or Close Under 23.91 Subsequent to 23.03 causes zone changes. Regards.
Although Capital One is involved with more than consumer credit cards, it doesn't feel like a great place to be with record unemployment -- while unpopular, I am taking the gamble that the longer term trend is closer to '08 style credit crisis. The indicators line up, as well as the exact price levels. If this sells off (starting with poor earnings next week?) and...
Considering the upcoming week (from tomorrow, 11 May, 2020), a lot of announcements are expected regarding ending of lockdown, stimulus package, opening up of several businesses in cities; we can hope to see a lot of volatility in the market, yet we can expect a positive movement in a stock like this, swing traders are often seen trading in this script. NSE:HDFCBANK
A slow conservative approach to technical growth .20 - .25 = x4 / 2021 If we don't continue with a rising wedge we will have a triple bottom and a very fast impulse up. 3 years of consolidation and build up just means more power over time. Anything is possible when 2023 comes. Especially if we are above .25 in 2021 .05 price today @ 100,000 ADA = 5K USD 5K...
AMEX:KRE KRE, looks good to push higher! CMP : $57.28 We are witnessing a continuous higher high and higher low on the RSI indicator and price has just been pushed lower by the Resistance Line (R1) @ $58.60 levels Price has already created a support level near $48.87. Important trading levels R1 : $58.60 R2 : 65.77 S1 – 50.88 S2 : 45.16 S3 : 36.25 RSI...
Sell or Short $CBA. Commonwealth Bank of Australia to retrace back to moving averages. More likely to retrace back to the 200 moving average (red line) at this stage to form an ABC correction. Or retrace back to trendline support.
The KBE ETF, which tracks an equal-weighted index of U.S. banking stocks, has been rising on a very steady 1M Channel Up since the 2008 financial crisis and has recently rebounded on the latest Higher Low (RSI = 50.776, MACD = 0.640, Highs/Lows = 0.0000). This presents a good buy opportunity on banking stocks, which are expected to outperform the market in the...