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.
Comment:
With the break below, I would be cautious about buying the stock.
Comment:
Stock back under watch
Trade active:
Gone Long, Paying close attention.
Trade closed manually:
$2 profit. Closing at weekly resistance.