After a thorough analysis of the graph it seems that the words of the Federal Reserve hit the breakout of the trend line, but I will go with the tunnel and I want to add 0.5 of my size and take my share in 40 price and the stop lose at 49.30
remember this is my only personal opinion.
The PEAD projected a Bullish outlook for $USB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $USB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
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...
The price is trading in a downward channel but we expect it to end soon as it is in the 4th wave of selling. You may enter after a certain retracement for a better risk:reward ratio. Make sure to apply set loss and take profit level to all your trade.
The PEAD projected a bearish outlook for $USB after a negative under reaction after earnings release placing the stock in drift D
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Hey traders, US BANCORP is in a bullish movement with low volume traded and a bear char. In the TIMEFRAME M1 we see a bull hammer candle, high chance of launching on the next high. Who is on the TIMEFRAME H4 as well and if the buyers are there to close the bearish breakout gap. Which is 42.10 to 42.25 and on the TIMEFRAME 15Min 42.10 to 42.23, which is half of...
