If you haven`t bought WAL before the previous earnings:
Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week,
I would consider purchasing the 52.50usd strike price in the money Calls with
an expiration date of 2024-6-21,
for a premium of approximately $6.35.
If these options prove...
If you haven`t bought WAL here:
Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week,
I would consider purchasing the 48usd strike price in the money Puts with
an expiration date of 2023-10-20,
for a premium of approximately $2.12.
If these options prove to be profitable prior to...
Western Alliance shares pulled back from their session lows after the Arizona-based bank denied it was exploring a potential sale
The Arizona bank described a report in the Financial Times that it was considering a potential sale of all or part of its business as “categorically false in all respects”, adding: “Western Alliance is not exploring a sale, nor has it...
Analyzing the options chain of WAL Western Alliance Bancorporation prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $2.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward...
U.S. regional banks have been dropping since March 8th when Silicon Valley Bank collapsed. Silicon Valley Bank suddenly announced that it needed to raise additional capital of 2.25 billion, by issuing new common and convertible preferred shares. This decision caused panic and a run on the bank. Two days later, on March 10, the most serious banking crisis since the...
Watching the simple moving average with the yellow line shows a change in momentum. It’s been quite on the banking scene could the next big crash be approaching? Not financial advice and I got a little skin in the game myself. Let us see what may happen.
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans).
Same will go for the rest of $KRE = any assets are at deep dis count.
Can't save them all (nor they would want to).
Industry consolidation.
The End.
Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was Western Alliance Bancorporation. (you can ask me for proof if you are interested to confirm this).
Western Alliance Bancorporation: Uncertainty Prevails seekingalpha.com :
Shares of the Western Alliance...
Horizontal Support in white that fits nicely below a falling wedge ; a bullish pattern .
This will likely lead to bullish continuation for WAL on this daily timeframe
I have shown how the falling wedge might breakout in green bars pattern
Financials were strong yesterday but gave it back today. $WAL is one I am watching with a 4 months base and relatively clean entry. Adding it to #TAPLOT as an option if financials take the charge in the next few sessions.
Western Alliance Bancorp - A Regional US Bank
- bull flag setup at the lower boundary of the linear regression trend line.
- Buy Stop: +102.88
- Stop: +95.21
- Target Range: $116-$118
Hey traders, WESTERN ALLIANCE BANCORP is in a truly historic moment and we may have to deal with a new higher in its history. She is in a fake bearish push with a large sell volume issued and a sort of marubozu followed by short legs. The TIMEFRAME M1 shows a water carrier candle shape with a fake return of traded sales volume as it heads to its next low point....
I'm just thinking outloud here, this ins't an investment advice.
On the daily time frame, WAL went sitting on the lower Bollinger Band as well as previous resistance at 33.5. Is has reach previous resistance on the RSI too.
On the 4h frame, we might have a twin peak forming (we're not there yet but though).
Any thoughts?
The following chart we can see a double top pattern forming just by seeing the upper trend forming on point A we wait till it reaches the maximum high. Then on point B there is a change on the trend as it follows a down trend. Then it hits the support line we placed before and make the statement that if the line touches again the maximum high it will changer the...
