MTB
M&T Bank Corporation (NYS: MTB) announced recently plans to invest heavily on a tech hub to develop financial technology.
Those investment announcements usually have a temporary downward effect on the price, even if the long term effect on fundamentals is positive.
In fact, M&T associated companies have shown interest in financial technology such as cryptocurrencies.
We expect the following price trajectory for the following 2 days:
- Target one: 159.50 (April 23rd close price)
- Target two: 137.77 (April 24th close price)
Stop Loss could be placed as we did or according to your money management.
You may get more info about this at www.cryptomacrotrends.com/