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RF potential to exit sideways channel
Regions Financial Corporation
Long
RF potential to exit sideways channel
By Ronald_Ryninger
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Updated
Apr 13, 2021
0
Apr 12, 2021
Noteworthy:
SPF (linked idea)
Earnings 4/23/21
Jefferies updated price target to 24 on 4/9/21
JPM updated price target to 22 on 4/8/21
Overview:
Market continues to be in bull trend
Open has gapped previous day close 3 days in a row
Volume remains low
RSI and MACD giving positive signals
Entry conditions:
4/12 close >= 21.49
Stop Loss:
21 EMA
Target Profit:
22.30 (100% Exit)
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
Apr 13, 2021
Order cancelled
Failed to meet entry conditions.
Chart Patterns
Technical Indicators
Trend Analysis
Ronald_Ryninger
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