It seems Banks have run out of steam and in the near future, they will make a correction or go sideways!
BAC: Fails to close above 48.50
WFC: Got rejected from resistance level and may retest 46 in the coming days
C: struggling at the support line
MS: pure consolidation between 96-106
JPM: 2-3% correction is expected!
GS: could retest 370 level once again!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BAC: Fails to close above 48.50
WFC: Got rejected from resistance level and may retest 46 in the coming days
C: struggling at the support line
MS: pure consolidation between 96-106
JPM: 2-3% correction is expected!
GS: could retest 370 level once again!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Comment:
6 out of 6 correct!
