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BANK

BAC - We are repeating the 2008 dropHello everyone, as we can see we are heading for the same % drop as in 2007, so expect till March - May 2021 the price to be around 5$ - 2.5$ . We do have support at 10$, but giving the fact how the 2007 crysis turned out for BAC with more than 90% drop, right now we are seeing record big drops, I see -90% from all time high price again. Right now we will see temporary retracement to the upside, but it will be fore 1-2 months, then we will drop again. Good luck to everyone, see you next year :D
NYSE:BACShort
by donaitelo
2
EURGBP Bulls May Show Their Horns.EURGBP Sees a correction move after an extreme move to the downside breaking the 0.84 handle. From a psychological standpoint sterling has been gathering momentum after much awaited brexit gains. A potential upside move awaits EURGBP as a correction should be due for momentary bullish momentum . Institutional sellers aim to find a better price in joining the overall downside momentum along with an all too perfect upside move on Sterling ( GBPUSD ) Certain scenarios pose a risk of whipsaws from selling pressure as shown by the arrow, a proposable question is how many sellers do we really have left ?
Long
by HuracanFX
CWB: Upside Canadian Bank; Look Hard for Value in 2020CWB is mostly an "unheard-of" Canadian bank, but still 'big enough' to offer shareholders decent gains and capital appreciation. In-fact, it ranks as one of the top consistent dividend hiking companies with a streak spanning near 30 years - far better than any other bank in Canada/USA! 2020 will be a year where looking for value will be harder and harder as P/Es approach a whopping 30-50 on average for many companies, and P/Bs surge into double digits. Some of my top value stocks include CWB, CU, Canadian Energy (SU, CNQ, ENB, TOU) and US Energy (FANG) and many precious metals stocks (or etfs, or the physical). With low interest rates here to stay, I am not big on the financial sector, however, I believe investors will slowly realize soaring government debt will remain a disaster and never be paid back - as such, yields will rise, DXY will fall, precious metals and commodities will rise, and treasury influxes will decline. This should keep financials relatively stable in 2020 with perhaps a 5% gain (after we get out of the 2020 early short). This will also be the catalyst to let precious metals soar from 2020 and onwards, and allow energy stocks as a whole to rebound quite heavily in 2020/2021. -- Happy New Year Everyone! Invest smart and look for value. - zSplit
TSX:CWB
by PaulDeep19131
1
Is DB Possibly Bullish?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.
NYSE:DBLong
by TogamiTrader
2