Trying to show the 3D aspect of charting Hope you enjoy this creative post
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 60%.
First Republic Bank (FRC) Report on 12/04/2022 - bank BUY - 156-158 TP - 192 SL - 143 This is the case when I had to spend a lot of time finding the reason of price decrease of 25% since the last quarterly report. So, to my mind, the main reasons were following: ⛔️Change in management. Previous CEO left the company due to health reasons followed by the leave...
* Excellent earnings * Strong up trend * High 3-month relative strength in the Financial sector * Breaking out of a base on base pattern with higher than average volume * Was consolidating for ~3 months prior to building another base Trad Idea: * Now's a great time to enter as the price is close to the broken level and volume is picking up as well. * If you're...
FRC Head & Shoulders completely formed and the initial breakout already occurred exactly at the neckline, this is an indication that the bullish trend should resume
Hello traders, FIRST REPUBLIC SAN FRANCISCO is in a bullish momentum with a sort of marubozu followed by a bearish leg and an explosion in issued purchase volume. Looking at the TIMEFRAME we see a marubozu with a high volume of past sales, it is heading towards its lowest. FRC will do a trend reversal to test the base of the bollinger and check the top of the...
The PEAD projected a neutral outlook for $FRC following a positive over reaction after is earning release placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
After this short consolidation period the conversion line crossed above again the base line which gave us a buy signal
$FRC posted better than expected earnings with PEAD projecting a bullish outlook for the stock. Price found support on the lower boundary of PEAD cone and is trading just below the median line. if you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Times are weird, and it is possible that we will be seeing some sector rotation here, as the tech sector cools off from it's incredible run. $FRC here tightening up for a potential breakout here, the question is will it be up or down? Financials has been a sector that has taken a beating over the last bullish period, if banks break back out and financials heat up,...
Day trade opportunity entry level $118 = Target price $121 = Stop loss $117 Indicators and volume all in bullish trajectory. Do not see it as anything more than a quick trade , quite high valuation on the company. The price is also well above the average analysts price target. Company profile First Republic Bank engages in the provision of private banking,...
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In confirmation of the up-thrust on 10th Oct 2016, we now have another, stronger up-thrust on 14th Nov 2016