$GWB: originally charted as cup and handle. Which then proceeded to chop for a month... breakout over that 14.25 mark. possibly to still try and enter. Frankly I would just stick to less risky bank stocks
great western bancorp review by projectsyndicate
best level to buy for 25-30% gain
30.00 mirror level2
31.00 mirror level1
TP range 38-40.
Currently potential short from overhead.
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B barnes group inc D1 short into resistance 25%
Not investment advice.
GWB - Great Western Bank.
Medium sized regional bank with high agriculture exposure proving vulnerable to tariffs.
Poor senior management decisions of the past are coming home to roost. Exit of tenured and key employees accelerating.
Look to purchase puts at $32-37
GWB, with a history of retracement on 50SMA has recently bounced off it. Price is expected to play within charted channel.
With a bullish divergence on Stoch, a Bullish pinbar today will signal an entry.
Place entry stop order 3-5 cents above the Day high and 3-5 cents below the Day low for stop loss. TP near the top of the channel.
GWB looks to be forming a complex inverse H&S. Stoch RSI and MACD look good. OBV is ok. Nothing special. With about a 1.5 RRR, it is worth looking at. The inverse H&S also correlates with overall up trend. I would just caution, complex H&S formations usually take awhile to breakout.
MACD perking up, Stoch RSI...