Not the time to be long. Head & shoulders pattern with open gaps to fill below. No remaining support.
Note
Wouldn't start scaling in till sub-40Note
Good time to start building your position now that KRE is $36 in pre-market tradingNote
I think this rally has legs to get to low-50s before we begin another leg down. EPS estimates are still too high across the sector.
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Disclaimer
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.