The PEAD projected a Bearish outlook for $BNS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Up Channel apparent on this non-log chart A down channel can also be drawn which further emphasizes a soon to come bottom point Weekly timeframe, bulls will likely continue
The PEAD projected a Bearish outlook for $BNS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Reward/risk here is over 4 to first PT. Decent place for a short IMO. Stop loss is essential. To prevent getting wicked out, an alternate approach would be to lower position size and scatter short orders to top of range with a stop at all time high.
The PEAD projected a Bullish outlook for $BNS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
* Great earnings * Strong up trend * High 3-month relative strength of 3.06 in the Financial sector * Breaking out of a cup and handle pattern with 24.59% higher volume of the 15 day average * Base of the cup is ~21 week with the handle lasting about 4 weeks * Also created a double bottom during the base Trade Idea: * Given the setup, now would be a great time...
Chart pattern: Bull flag Entry: Immediately (this would end the secondary downtrend of the correction) Stop: 60.48$ Target: 72$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 3:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced near the 38 Fibonacci retracement ). Target is...
$TD had unusual volume, FNB and BNS are both headed towards golden crosses
The PEAD projected a bullish outlook for $BNS after a positive under reaction following its earning release placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Hello , good trade imo to hedge the account , especially with election uncertainties . Long BNS and short YELP , exit on median band . Good luck~
Hey people, BANK OF NOVA SCOTIA is in a fake bearish movement with a bull tombstone and low buying volume traded. On TIMEFRAME M1 we see a panic which goes in the direction of its last precedent lower. To make a big propability reversal breakout the price zone then break the VWAP. And start at its high point, come back to make up for the losses before the strong...
On the RSI there's noticeably a triple bottom coinciding with three touch points on the upward sloping support of the Ascending Triangle. If you move the chart left there's the first touch point of four on the upward sloping support of the ascending triangle dating back in 2003. On a 5 year chart attached to this all time log scale chart there's been a golden...
I've noticed yelp is co-integrated with BNS. So, this chart represents bns/yelps pair price . I am initiating a position in YELP based on this . There are things I don't like about yelp like its p/e but all in all its a good entry based on statistic arbitrage of the pair price . PS: I put together this pair price but it will not update due to the way I did...
Green line is CA10Y bond minus the average of the 5,2,1 and 3 month.
I think we just broke the handle on this cup. Please comment. TSX:BNS