30Y have benefited from rotational flows out of the S/T part of the curve into longer dated, Technically speaking the 30Y has broken out of downward trend and is indicating a strong upside move, with a first target around 3.71/3.75% by next month.
JSE:CPI broke below R1900-ish last week. The stock continue to show signs of weakness, if the downward move persists, the next potential support level is near R1500/share. The financial sector is still under pressure with the other banks trending lower as well.
Goldman Sachs Group, Inc. ( NYSE:GS ) Sector: Finance (Investment Banks/Brokers) Market Capitalization: $112.036B Current Price: $326.21 Breakout Price: $335.15 Buy Zone (Top/Bottom Range): $325.35-$306.65 Price Target: $361.40-$363.50 Estimated Duration to Target: 60-63d Contract of Interest: $GS 11/18/22 330c Trade price as of publish date: $15.45/contract
My analysis for NSE:SBIN If 15min candle sustain above. My target would be 546 & Stop Loss will 535 only. Note: My personal view, only for learners.
JP Morgan is a buy. 200 day moving average, .5 fib, while FED raising rates.
Hi Everyone .............. Here are some important levels of #banknifty As you can see banknifty is trying to break the same level (37900-37400) from many days but can't move above and below the levels so take trade only at support and resistance. *Also do breakout & breakdown trade for bigger profit.
A few western companies that are listed could very much feel the consequences of the Russian invasion. Energy firms revenues and profits may be offset by a potential oil price jump so that is not a major concern right now. The financial sector is where I see an issue. According to calculations by JPMorgan, for the financial sector, the risk is concentrated in...
Wells Fargo & Company ( NYSE:WFC ) Sector: Wells Fargo & Company (Major Banks) Market Capitalization: 210.571B Current Price: $54.19 Breakout price: $54.40 Buy Zone (Top/Bottom Range): $54.10-$51.60 Price Target: $58.90-$59.40 (1st), $65.40-$66.20 (2nd) Estimated Duration to Target: 43-47d (1st), 100-105d (2nd) Contract of Interest: $WFC 3/18/22 55c, $WFC...
Symmetric triangle forming. And target is set for both side just wait to break either side.
Hello guys, the last two trades SRTRANSFIN & SIEMENS given here have both hit their 3rd targets and it was sooner than I expected. Now the stock that can be seen breaking a long time range is PNB. So now PNB, as seen on a weekly timeframe is making a bearish flag and pole pattern and on a Daily timeframe has given a breakdown from channel which was it's long time...
Buying in now at $12.59 Sell at $14 New York Community Bancorp is trading below fair value. I anticipate when tech stocks make reversal we will see bank stocks gain more steam as investors swing back into more value stocks. RSI is at ideal level, and Squeeze Indicator is showing good momentum.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
Long STB. Buying zone 26 - 27 when it retest support with no demand. Stoploss: 24.5 Target: 47
Commonwealth Bank, one of my safer stocks to watch. With an uptrend that felt like it would never end, we finally have a good buying opportunity on our hands. Uptrend and downtrend are both coming to a squeeze on a support/resistance line. Looking to buy in around the $98 support if price holds. Otherwise letting it drop and hoping to get in at the $87...
BAC is finally back above $40.50 but now the fight starts at $40.80. It was a previous level of support this quarter now I think it could be a resistance level on the daily chart. Wit the stress test news, it wouldn't surprise me if it waffles a bit around here then hopefully breaks. I'm long right now with both stocks and options on the company. IF/WHEN $40.80...
Positional Call: Buy BANKNIFTY fut near 35228 tgts 35990/37300 SL: 34455 Bank Nifty future seems to be trading in strong upside channel. Recently it has pinched a low exactly at support and interestingly low coincides with 3 candles recently at same levels. With yesterdays close it gave birth to morning star pattern which is confirmed today with a new high...
Higher prices are expected
I see a clear bullish triangle breakout formation on XLF, which is currently a leading sector in the S&P500 (with regard to relative strength).