TCBI looks primed for a strong rebound as financials have a strong year with rising rates.
TCBI is a regional bank trading at a 1.22 P/B ratio. This indicates there is significant value here. Texas is fast becoming the new place to be for booming businesses such as space exploration and crypto.
Inverse Head and shoulders on the weekly along with a golden...
Fundies
All key fundies are highlighting a downturn for this company. Currently priced in the 50s actual value should be around the 15 - 20 range
EPS, PEG, Earnings Yields and Return on Capital rates of change all slowing.
If current Macro outlook continues this a must short as its so overvalued.
Earnings coming up in Jan which i fully anticipate them...
Haven't been a fan of financials in longer than forever. Now nor even back in December would I have bought any of the financials - esp since most of the setups were just too broken/ugly. Sexy ass candle though, surprised I got to this one right after first candle to see a breakout lmao. Solid upside potential long term after this little triangle breakout though....
