If you haven`t bought the dip on PNC:
Then analyzing the options chain and the chart patterns of PNC The PNC Financial Services Group prior to the earnings report this week,
I would consider purchasing the 125usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $5.65.
If these options prove to be profitable prior to the...
On the above weekly chart price action has corrected 50%. A number of reasons now exist to be long, including:
1) RSI resistance breakout.
2) Regular bullish divergence. Measured over 2-months.
3) A Double bottom prints.
3) Price action prints on the 100-week RMA with the divergence. Look left.
Is it possible price action corrects further? Sure.
Is it...
In the dynamic world of finance, insider activity can often serve as a valuable indicator for investors seeking deeper insights into a company's health and potential future performance. Recently, PNC Financial Services Group Inc. ( NYSE:PNC ) caught the attention of market observers with a notable insider transaction involving Executive Vice President Guild...
If you haven`t bought PNC here:
Then analyzing the options chain and the chart patterns of PNC The PNC Financial Services Group prior to the earnings report this week,
I would consider purchasing the 120usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $8.75.
If these options prove to be profitable prior to the earnings...
Hey TradingView. TiltonKy is bank to bring some new ideas for the quarter.
We are investing numerous positions, and a few we plan to share with trading view this quarter.
Firstly Banks.
"SVB Banking Crisis" has put a point and hold on the banking sector this year. Giving Financials a 2 year devalution on going. This bear market for the sector has gone on for...
█ SIMPLISTIC ANALYSIS </
Current Market Trend: neutral/no defined trend.
Next Wave: buy wave to the deviation.
Next Swing: negative swing to support.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/13 BMO
Earnings Anticipations: positive surprise for EPS & positive surprise for Revenues.
Surprise-Confidence: on a scale...
Looking at the PNC The PNC Financial Services Group options chain ahead of earnings , I would buy the HKEX:130 strike price Calls with
2023-6-16 expiration date for about
$4.80 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
PNC technically looks broken and on the verge of more downside.
Can PNC pull a rabbit out of the hat this banking earning cycle?
Or will the downside pattern prevail?
I think, this is one of the endangered banks due the "liquidity structure" and I´m expecting a massive drop soon. If any daily candle closes above the SL zone, idea has failed. Wish you good luck to trade this idea.
Price is beneath a triangle so it has broken support.
Price is below bands set on an 80 DMA versus 20. This can indicate oversold conditions.
Deeply oversold on RSI.
Earnings are 4-14 and it appears analysts are not positive about the outcome for now.
No recommendation
EPS (FWD)
14.92
PE (FWD)
8.72
Div Rate (FWD)
$6.00
Yield (FWD)
4.61%
Short...
It is a repeat, the same over and over... Some banks are doing better than others which is expected yet PNC isn't part of the better group, this one looks pretty bad.
The previous bank had no volume on the drop, here we have high volume... Let me show you!
PNC Weekly:
✔️ PNC broke below EMA300 this week.
✔️ Bear volume has been increasing since Oct. 2021 and...
The PEAD projected a Neutral outlook for $PNC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 71.43%.
PNC Possible Ascending Broadening Wedge Breakout
Wait for confirmation at what was resistance to for a support for that continuation upward
Failure to break previous day POC will send us down to the previous range before this formation formed invalidating the structure (path shown)
The PEAD projected a Bullish outlook for $PNC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
