If so, the stock could jump 4% tomorrow. It has been clearly oversold up until Fibonacci retracement level 0.5. Do not expect a trend change if tomorrow's results are better than expected.
This is a review on a monthly view of the main banks in Spain.
We are not going to make any more comments than to limit ourselves to paste the charts, just to say that they are inside a big shit. In which one would you put your savings?
Greetings and God bless us.
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Banco...
The situation in Catalunya seems to return slowly to the normality, and so CaixaBank, going up to touch 4.51 first and then towards the historical maximum of 5.
Stay tuned!
