The GAP has been filled... The Fed has spoken... The more than $80B a month will continue until further notice... So is this $80B good for Bank stocks?? We would say YES!
Hello friends, it takes hours to analysis charts bt likes take a second if you really like my ideas then like us and comment us for any queries. If you are a CNC lover then you can invest in RBL, Now it's below the lower value and after continuously dropping and makes 0.618 fib level completed their 5 the wave. Now its time to move toward control price Expecting...
How would the BANKS react if the Fed institutes yield curve control (YCC)?? Do we see $30 or go back and fill the GAP!
Near term support and resistance on bank Nifty. Trend reversal is to be expected to break the long rising streak of more than 1700 points.
It broke the downtrend line got above 50SMA and pulled back under 50SMA till to downtrend line. RSI is just above 50 and if it succeed to hold above the uptrend line the target price will be $30.46 12 month consensus price target is $39.11 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your...
Akbank, one of the largest banks in Turkey have devalued -86.18% in last 10 years against United States Dollar . Even though most of the Turkish Banks are listed cheaper than a bottled of water, why foreign-investors still keep liquidating their positions? There have been many political, economic and geopolitical changes since 2010 in Turkey. Whilst...
Hello Traders! Cheers on the last USDCAD Analysis. It hit our Take Profit and now I got a new setup for you. Price formed a new Supply Zone. If we will get a nice h4 candle close in the Supply Zone i expect the price to drop. #1 target is the Support Level #2 Target is the Demand Zone Trade with Price Action Confirmation as always. That was my Idea and I...
Maybe there is nothing to it but you bounce off the 200MA 3 times and your out! Off the cliff you go!
Buy now Credit Suisse. Bullish Trend is formed.
ICICI Bank is continuously falling in a pattern. It has good support at 297 level. If this level is broken with closing below confirmation then we can initiate a short position. TP1: 293 TP2: 291 TP3: 288 If you like this idea then please follow and give a like. Thanks.
It looks like $BAC (and the banks) are set for a lower session, and we could see $BAC move towards $21.....lets see what happens!! .....Current BAC Aug 20 - 20 PUT are trading at 1.25 and are up 12%......#FranklinCap.....If you would like to see more of this from Franklin Capital hit the LIKE button and Follow Us!...Thanks! (PS for those that looked at the Air...
Targets above - Channel formed similar to many stocks in the market. Banks have had good volume past few days. Let’s see how long until we get to the top of the channel...
The financial sector is sending a huge warning to all skilled technical traders. You think this big rally in the NQ, ES, YM and other is really the bottom of the market? The stock market is based on perceived forward earnings, guidance and performance of individual stocks/companies. The COVID-19 virus event has blown a huge hole in the bottom of our boat. 40+...
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✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Depressing revenue and earnings predictions and a potential dividend cut aside, it is hard to justify shorting the big banks. Despite this, Wells Fargo's chart looks particularly bearish. While it is likely WFC will preform well in the future, it looks like for now this company...
Hello Traders! Great moves on GBPUSD. Price dropped down like expected. This is the power of Supply Demand. Cheers my friends. What now? My bias for GU is still short. We moved down from a h4 Supply Zone and we are right now at a h4 Demand Zone. From here we can expect both scenarios. If we do not have enough liquidity in the market price will push up to grab...