BMO is in an accumulation phase. If it can close bullish above 77, then it could move back up to 82. Otherwise, it could trade lower to 71.
BMO: bank of montreal 2018-02-27 06:47:03 Detected possible stock repurchase
The resistance breakout was clear 10 weeks ago, but now looks confused because the pullback was too deep 3 weeks ago and the doubts begin for how it looks the chart Look the resistance line is located in the 77.50 area and the Friday closing price was 78.48. Is above and looks bullish is price action and the main trend is bullish too. The drop of the price 3 weeks...
An intraday high potential, Back Tested Long Analysis. We ll try to find an entry price within the expected pull back zone 78.01 - 77.25 as previously being back tested. We ll try to enter into the correction of the downtrend movement tracking trend oscillators as below: CCI diverges the price crossing down the zero level as well as shown in the chart. DETAILS...
look for reversal around those level of fib. overall the longer term trend is bearish.
Old previous resistance from 2008 (could become new support. #buylowsellhigh This stock / company pays pretty solid dividends. Look at that double bottom tho
NYSE:BMO 21MAY16: - POSITION: Long - PRICE: $63.02 - TARGET PRICE: $67 - STOP LOSS: $61.80 - TARGET ENTRY: - Looking for entry on Monday on upward price movement. - Appears to be a pullback on a strong upward trend. - Aggressive stop loss to be pursued.
Recession crash scenario with buy target of $35 and sell target on the retrace of $73.