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Financials

AUD/JPY who will win the battleSell at 0.618 retracement? There is a Fibonacci level plus an descending triangle line, so any bearish action around these levels would be desirable to enter the short. The only thing I don't like is the higher low that the pair made in previous sessions and the pair didn't have the strength to reach the bottom line of the triangle, so this is bullish. But in any case, we will get a clearer picture when we see the behavior of the price in the next few sessions.
by merjemascerija
financials sector enjoying a lead on indices (XLF)XLF is one of the instruments whose sectore had a larger terminal upthrust than others, and is enjoying a more sizeable bounce than others after the current peak in volatility. big names like V, PYPL and BAC are putting up enoughbof a struggle to say that they have tolerance to attract inflow from key players (sm, mm, tutes, pros). it will be interesting to see if we can confirm a higher low before tech returns to help carry the market, making way for a larger comeback that could enjoy a solid outperformance on indices; at least for the time being.
AMEX:XLFLong
by cerealtrades
EARLY BUY Signal on AAVEUSD. R:R = 4.01This trade is part of my evaluation that VALUE trades will do better in 2022. DEFI was hit hard last year and is starting to get some interest from Institutions. Also looks like the Finacial sector in stocks are heating up and the quest for yield should help DEFI have a resurgence in 2022 as Interest Rate Hikes loom on the horizon. This trade is an EARLY BUY signal. This is NOT YET CONFIRMED. This BUY signal stems from the break of the down trend on MACD as well as the Breakout of the GIANT WEDGE as price has consolidated. MACD is rising and looking to want to break above ZERO. Price is still below resistance lines at $273-$304. Need to break above these levels before this trade is confirmed and where I will ADD to this trade. For now relatively LOW Risk to enter with a small position. Downside risk is to the $165ish range. I have placed my SL at a conservative $137.06. Entry Price was $235.19. Despite this WIDE SL the upside Target Price = $629. Entry = $235.19 SL = $137.06 TP = $629
BINANCE:AAVEUSDLong
by eganon69
Blackrock at key supportAs you can see, the price has respected the 200sma (blue) since the break from Covid lows. Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated. Trade setup: Target around $1000 for profit-exit. Loss-protection exit 1-2% under the 200sma. Fundamental Analysis ' - The $TNX (interest rates) has broken out which is positive for financial institutions. - There is a cyclical tilt to the market as high valuation companies in the technology sector are hit hard. * Note: Earnings are starting at the end of next week for the financial sector.
NYSE:BLKLong
by dorfmanmaster
CNO - Trading Plan with Elliot Wave CountThis is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments. Entries: $28, $21, $19, $17 Targets: $40, $66 Stop Loss: weekly close below $16 Strategy: small position now, add at key levels and reinvest dividends to purchase more stock If you get anything from this idea, please consider liking or commenting. Happy investing! Casey
NYSE:CNOLong
by chartsareforships