All timeframes are massively overbought There is a pattern on H4 and H1 This is a weekly high where there is a lot of resistance Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
Analyzing the options chain and the chart patterns of USB U.S. Bancorp prior to the earnings report this week, I would consider purchasing the $42.5usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $4.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of USB U.S. Bancorp prior to the earnings report this week, I would consider purchasing the 32.50 usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $0.77. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
We are now at #5 of the TOP10 biggest banks in the USA, this one seems pretty bad as well. Let's start with the weekly chart and then we move to the monthly for the bigger picture: ✔️ This week USB had the worst week since Feb. 2020, Covid days. ✔️ A major support level failed in the form of 0.618 Fib. which can lead to lower prices. ✔️ We have a bearish cross...
USB has a strong horizontal support in green that aligns perfectly with the bottom of a downward channel. I suggest this as a reversal point for price. The bars pattern shows some thoughts of mine regarding the recovery.
An Ascending Triangle, a big one. Normally considered a bullish continuation pattern See how this big one plays out
Long term analysis (Monthly) for USB showing different channels that can be drawn and a large upward trendline in which price is coming close to I think we will see a moon moment (in green) like that seen before (in green) These channels before these moons are very similar
Whats The Plan/Trade/Thought US Bancorp is an American bank holding company. With the Fed intending to increasing interest rates to combat the high inflation numbers. I expect banks to see an increase in their earnings from this especially near term where consumer sentiment is still bullish. Already the Nasdaq bank index is up around 32% for the year I...
USB has several things going for it here. - Big ole cup and handle, we are testing the top of the cup now. - Handle was a perfect downtrend, we broke above downtrend - Now consolidating above breakout and just below ATH - Financial sector has been hot - If we break above consolidation highs I will enter
All timeframes are setting up for a big move in $USB here, daily is kicking off a fresh uptrend after the recent bottom, weekly and monthly are about to trigger a trend as well, and by EOY the yearly will flash a 10 year uptrend signal which aims for somewhere between $220 and over $1600 per share by the year 2030. I think overall, the return vs risk proposition...
Interesting view for potential USB moves. Eyes now are very sharp. NYSE:USB
Stocks usually moves in clusters, and it is obvious that finance sector becomes hot since last week. If you check the last week performance of the companies over 100 Billion market cap, soon you will notice 5 out of the first 10 best performance belongs to Finance sector. Interestingly, Wells Fargo ( check my WFC analysis published on Feb 16th) was the best...
The vertical lines describe the daily time line better for forecast the future price, however I think we need more candles to assure that what is going to happen next. In my opinion, the price is at the end of the wedge right now and there could be a possible bullish position hiding in the bottom again scene we’re at the bottom price at all time. What do you think?
Like the airline stocks, big banks have all formed similar patterns leading into Monday. Funding seems to have shifted to the banks and airlines. Many banks will be reporting earnings this coming week, including JPM, WFC, Citi (not shown) on Tues. 7/14, USB and GS Wed. 7/15, and BAC, MS, and First National Bank (not shown) Thurs. 7/16.
Major banks in USA e.g. JPM, BAC, UBS are showing uptrend hence buying opportunities on correction Attractive risk reward Following entries are valid only for trading on 15 June 2020 JPM Entry: 99.35 SL: 97.53 Target: trail the price BAC Entry: 24.60 SL: 24.05 Target: trail the price USB: Entry: 37.25 SL: 36.70 Target: trail the price
Hi, today we are going to talk about U.S. Bank and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture. The...