Things aren't looking good for the banks, and ZION (Zion's Bank) missed on its recent earnings expectations. It's now nearing the top of an ascending wedge, and as many traders know, this can be a really bad sign for any stock, and could be indicating a coming trend reversal.
Watch the levels on the chart with the dashed white trend lines to help predict future...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 32/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
Company: Zions Bancorporation N.A.
Ticker: ZION
Exchange: NASDAQ
Sector: Finance
Introduction:
In today's analysis, we turn our attention to Zions Bancorporation N.A. (ZION) listed on the NASDAQ, a noteworthy constituent of the finance sector. Examining the daily chart reveals a potential bullish reversal in the form of an Inverted Head and Shoulders pattern...
AMEX:SPY - As expected, the FED raised rates another 25 bps. Yesterday's session was probably the least volatile of all FED or CPI days in the last year. Key levels this morning is 408, if we cannot get past this early on, expect lower lows, potentially a test of 403.7 the weakly pivot. If we can get above 408. and then it turns to support, expect higher highs
...
Analyzing the options chain of ZION Zions Bancorporation prior to the earnings report this week, I would consider purchasing
Puts with a HKEX:25 strike price and an expiration date of 2024-1-19, for a premium of approximately $4.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear...
Regional banks have lost close to 50% of their market cap in the last 2 months. Zion's Savings Bank and Trust Company was incorporated in 1873 under the laws of the Utah Territory by the direction of Brigham Young, becoming Utah's first chartered savings bank and trust company.
ZOMG! ZION Outlook Macro Graph
w00f!
A double bottom formation is seen on the chart at the level of 24.49. As long as the prices remain above 24.49, the transaction can be entered. Pay attention to the wedge resistance.
VCP setup seen with below contraction:
C1: -21%
C2: -6%
C3: -4%
Pivot point formed and the risk is not high! Awaiting breakout of the pivot!
Disclaimer:
Trade at your own risk. Not a buy call, sharing based on technical analysis with pattern and indicators.
ZION: Zions Bancorporation, National Association
2021-08-26 17:03:00
Zions Bancorporation’s Board Approves Additional $200 Million of Share Repurchase for Third Quarter 2021
Hey guys, ZIONS BANCORPORATION is in a very important moment in its history we can witness a new historical high. It is in an uptrend with a large past volume and an upside down hammer shape. By looking at the TIMEFRAME M1 we notice a dash with a low purchase volume issued, it goes on the top of the range to go and test it. It is quite plausible to breakout the...
Low volatility stock intraday trading strategy signal.
$ZION chart shows appropriate parameters to open position. Also, the true range is low enough today, so the price has good potential to fall.
I suppose, the price will be falling until market close, so short sell can be from $38,3;
stop-loss — $39,03;
take-profit — $36,11 or market close price.
Do not view...
