On FRC as you see on the chart we have the breakout of vwap so it's mean that we will have a big probability to have an uptrend.Thanks!
One of the largest regional banks in the US, First Republic Bank (NYSE: FRC) has been shook by the banking crisis which led many to pull their bank deposits from smaller, regional banks and move their money to bigger banks. While larger banks like JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C) all beat earnings expectations, this could bode ill for FRC and...
One of the most plugged-in high financiers thinks troubled regional bank First Republic Bank will need more than a few bucks from stronger rivals to stay afloat and prevent the return of the banking turmoil that dominated March's headlines. “I think First Republic Bank is clearly on a watchlist, and probably somebody at some point will buy it. But the challenge...
Investors are loading, and you can tell by the way price is acting. Why would they let the stock consolidate for 3 weeks after the SIVB collapse, surely the bak would have collapsed/been sold to the highest bidder?
First Republic Bank $FBC shouldnt be saved by other banks because it is not there fault what CEOs did and what they managed the money. I believe they managed the money poorly and it isnt going to be hard to fix anytime soon. Short sell is at 4.83% but there still is cashflow of 55 million. This is on my top list to watch for the rest of the year. Better to long...
FRC is safe, deposits are safe as well. This is heavily oversold. Expect a rise back to at least 35$. Hold. Not financial advice.
I am going in long on FRC this Monday NYSE:FRC . There's a very strong bullish divergence on the RSI in the daily chart, and we are clearly breaking out of a strong trend line that was formerly resistance. I'm expecting this thing to squeeze nicely, because their fundamentals and management team seem sound and technicals are clearly shouting that there is going to...
- Macd - Crossed - RSI - still eblow 30 - strong support at this price HOLD your Fear and Ride This OUT...
Notice the stock dropped to 18 on relatively low volume. Then the day trading frenzy began. Very interesting that it's now pegged between 12-14. When it should be pegged at 18 due to volume. The big sale from the swiss pension fund may have something to do with that. Facts will move the stock, otherwise it drizzle up/down based on the overall market movements.
Standard disclaimers: DISCLAIMER: This is merely speculative discussion. I'm not a certified or licensed financial advisor, securities trader, or securities broker; and, this is not intended as financial or securities advice. DISCLOSURE: I own long shares of FRC . At $12.85/share FRC is trading around 10% of it's 1 month high price of $123.46, and down to just...
Haters be my motivators. Looking to get put shares at 9.15 cost basis. I'm happy if I get more shares here and happy if I do not. Current own thousands of these puppies. Looking to sell around $20+ in 2-3 months..
$FRC #FRC Hourly chart. Which way it will resolve? Bullish break out = $20. Bearish breakdown = $5. Or it can just bounce between $13 and $14. #XLF $XLF
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...