Information Position: Long Size: 2 Price: 50.63
Looking at this chart I see a price range between $53 and $50. Watching moving average to act as resistance. $50 being a physiological support. Scotch RSI looks to be going up so rejection at $53 is very possible in the near feature. If price breaks $53 we could see a test of $60. It seems that currently probability slightly favors bears though its not like...
52 is a safe entry for long with 48$ as a stop loss and 58$ to collect profit
it is a recession, it is already confirmed on the chart before public know about it
I do all my banking with Scotia bank and I personally believe they are the most risk taker as they handle all my personal and business loans I will attach an analysis for 2020 chart in the comment shortly
Scotia Bank will be the first Canadian bank to show us an early sign for Canadian recession if March 2020 closes under the 2009 support line (Orange) then we will be looking at 61-53-50-47-23. The orange line reflect the support of ALL time recession support, if it closes under that line we are looking at a recession that no human witnessed before. BUY GOLD
Watch for stock to try and stay above the 200 MA if it does dip below 200 MA the likely hood of death cross in linked post is much more likely.
The chart appears to show ether a break out from the linear regression channel upwards or a death cross is coming. It likely about 60% chance of death cross and 40% chance of continuing it's short term trend and breaking upwards. Interesting how they have accumulated about 50% more debt very quickly yet in that time frame revenue only went up 10%. A 1% interest...
Great chart set up for a long position for 1-day trade. Love that it is trading at 30% of its 50-day volume average, It has been down for 13 days, and RSI of 34 is great. TSX:BNS
held support so far, it's in an uptrend now
FUBDAMENTALS Summary 1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters. 2.The company now expects about C$200 to C$250 million of integration costs in the next two years. 3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement. 4.Bank of Nova Scotia should...
FUBDAMENTALS Summary 1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters. 2.The company now expects about C$200 to C$250 million of integration costs in the next two years. 3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement. 4.Bank of Nova Scotia should...