Earnings coming up end of month looking like it wants to go back to ATH
we are finally breaking the range market from March 2020. Price is respecting the uptrend. We expect price to go higher for next days.
I believe the stock is bouncing and will go up soon. It reached the support level.
Green line is CA10Y bond minus the average of the 5,2,1 and 3 month.
Trade Plan Entry: $100.3 SL: 99.36 Major TP: 102.77 Final TP: 105.01
CIBC and BMO fell the most in 2008
I think last week's pullback in equity markets was a good thing. The market got overheated and it gave us a reminder that stocks don't always rise. Memories and patience are short in the finance industry especially with some recent trends (blockchain) skewing people's perception that building wealth gets built overnight. Not the case, in the past 50 years of the...
www.fool.ca HCG Contagion idea
NYSE:BMO 21MAY16: - POSITION: Long - PRICE: $63.02 - TARGET PRICE: $67 - STOP LOSS: $61.80 - TARGET ENTRY: - Looking for entry on Monday on upward price movement. - Appears to be a pullback on a strong upward trend. - Aggressive stop loss to be pursued.