Hmm, I am interested to see how this idea is received. I do think there is a possibility it moves back down, but what I know for sure is that there is going to a decent move as volatility is low. It has spent an extensive time below the 200-day avg, but the fundamentals aren't completely in its favor so that is for good reason. If it does move Long, I think that it would be purely based on sentiments of the new vision that the bank has for itself.
Note
With the break below, I would be cautious about buying the stock.Note
Stock back under watchTrade active
Gone Long, Paying close attention.Trade closed manually
$2 profit. Closing at weekly resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.