Idea for FRC showing a trend line that price may jump up too after an extreme move down Very strong move down potential overreaction Monthly timeframe for longs
1. Do not trade late stage base breakout ... especially those created side by side with a RSI bearish divergence. 2. Exit long positions when the price closes below the 10 EMA (M) / 50 EMA (W) / 200 EMA (D). 3. Never let bullish reactions encourage you if the price remains below this key threshold. 4. Consider even shorting if you see a bearish rejection candle...
Expecting a bounce to 14.55 but Janet Yellen and Jay Powell could change things come Monday.
Hello Everyone, A huge oversold situation could be in the making. FRC is Extremely oversold on fears of bancruptcy or being bought out by JPM soon. While such case is highly likely, the bank can still rise on any good news as all the bad ones are already baked in the current price. JPM's CEO is already in the talk with other banks on possible solution for FRC...
It's a personal opinion of mine that psychological levels, whole number resistance and support, should have this much control over price action. Psychological levels have the most effect when there's extremes of emotions. I feel it's rather self-explanatory. It's either going towards zero or it's getting bought to prevent it from hitting the pavement. The...
FRC First Republic Bank received uninsured deposits of $30 billion on Mar 16, 2023, from 11 banks of the country: Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, PNC Bank, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, Truist, and U.S. Bank. I know it`s a risky trade, but i believe this recue...
This has fallen from sky and some think it will come down further. Sure can. I am in the other camp though. You can see this from my chart. 38+ can come on a smallest of rescue news. May be Warren? I am giving myself about 17 days for this to pop real hard. Trade carefully.
FRC has received $30B rescue package from other banks. Think this is a great buying op.
I honestly don’t think the gov will allow another bank shut down . They will do everything to keep and re assure that the money is safe. Otherwise it’s Gona go like a domino effect they had to contain this before more banks falls. Buying some pre market which I can afford to lose if bank shuts down
The price spring should it break and hold should be fairly large and fast. It currently broke a major trend to the downside and hit an exit. It also has fairly smooth sailing should it break to the upside tomorrow. Exit trade should the blue trend break or should the stock price reject off the red trend. Buy the dips on the trend until it breaks, and then sell on...
As you see on the chart we have a sell idea because we have the breakout with force the vwap and the support line by a big red candle with a large red volume.Thanks!
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
sell target zone 65-78, I expect a fairly quick rise to this troublesome area.
Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was First Republic. (you can ask me for proof if you are interested to confirm this). “First Republic’s capital and liquidity positions are very strong, and its capital remains well above the regulatory...
seems like this is the next bank to crash because of the sharp interest rates hike
The reason for placing this order to buy FRC should be obvious. If you have any questions don't hesitate to use the comment funcation here. Good trades, folks!
The PEAD projected a Bearish outlook for $FRC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $FRC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.