Hey my friends, STIFEL FINANCIAL CORP is in a fake downtrend with a water carrying candle and a fake return of paid sales volume. By zooming in on the TIMEFRAME M1 we observed a marubozu with an explosion on the past purchase volume it goes on the basis of the bollinger to check it after accessing the VWAP go to the highest of the bollinger and reach the top of...
Consolidation below major trend line. Stifel is one of beneficiaries of massive stock market frenzy. Doji candles hint that consolidation since Dec 15 is potentially preparing to break out. Target 1: 55-56 Target 2: 60-61 Likes and comments are welcome.
SF: Stifel Financial Corporation 2019-09-03 16:30:00 Stifel Completes Acquisition of B&F Capital Markets, Inc.
1. Wait for pullback, long until 38 resistance. 2. Short from dashed trendlines / with sub $31 PT 2. Be patient accumulate under $32.00, long term positioning for $40+, $50+, and $60+ ( preferred .) Long. PT: $39