CIBC Trendline supportCIBC on trendline support. Stoploss below trendline, with next support at $90, then $70.Longby SpiralGraphUpdated 6
ER Surprise W Short term flat to bullish surprise er, maintains current wedge..break points 99.51-101.50 Trend Line watch.by beuler420
Short fall Looking pretty weak ... upcoming months will be interesting ! Shortby MrNarmerkTheSacredGeometer3
CIBC | 40% Short Trade SetupConfirmation: 99.65 (weekly candle) Invalidation: Local high Type of Trade: Countercyclical (EMA50 above EMA200) Target: 56.46 TF: Weekly Leverage: 2x Pattern: 1) monthly rising wedge reversal with 2) break of weekly support, and 3) break of major support line. Monthly view: Shortby Trader61273
CIBC tripple top Looking like the rest of the market ... do i smell a recession ? Shortby MrNarmerkTheSacredGeometerUpdated 0
CM short (Canadian Banking sector)Time to look for an entry here, best seems Canadian Imperial Bank of Commerce. Maybe it is better to wait for a small bounce and enter then/Shortby Halbu0
CIBC Hitting Major Daily S/R LevelTaking a look at the daily chart CIBC TSX:CM to see that it could be at a very decisive point around the $104 area. Price hit a major horizontal that acted as a strong resistance turned strong support with price hitting that level on multiple occasions with subsequently massive price movement to follow. * If price breaks this S/R level with conviction I will look to enter on a pullback to the S/R level * If price bounces off this level this week I would cautiously enter a long position with a stop just below the S/R level Considering the current market conditions and with this being the third retest of the S/R Level coupled with the 100EMA/200EMA bearish cross I'm inclined to favour the bearish scenario over the bullish in this case. Trade Wisely, Chlosterby Chloster3
CIBC - Short Term Bear, Long Term BullThe overall market correction is pulling everything down - at least for the short term (1-4 weeks), but for CIBC the fundamentals bulls will line up with the technical bulls around May 17th. Depending on Market conditions this could be a major swing for CIBC. Notes on technical analysis are in the chart. I try to keep my charts clean and use only common, frequently used indicators to align with overall technical analysis sentiment.Longby ckoosh223
Bank vs. Cryptocurrency #13 (CM)This stock is lagging compared with others in the Financial Industry and compared with past examples of this series of publications I say this based in the highs of 2007 before the drop in 2008 because others leaders in this industry already surpassed the highs of 2007 Others are between the 2007 and 2008 highs but not above And other very lagging are below the 2007 highs Now in 2018 there are resistance in front of the price close to 100.00 and in the 105.00 area, more resistance 2007 Highs, 105.00 price area = Resistance That tells me not to buy in resistance, but there is a but and is my discretion because I use a manual system for pick stocks and not mechanical trading system What does this all mean This means I have thoughts = I use a discretionary process for picking stocks And I bet for a resistance breakout based in that leading banks in this sector are more ahead in the price action scene In other words there are leading companies and lagging companies in a Industry/Sector I follow 168 listed companies in the Financial Industry I can appreciate the leading and the lagging and select the lagging because he is following the leadersLongby Alex_Quiroga6
CIBC Breaks out on earnings but faces a big resistance testCM shares have broken out of a $112 to $115.50 trading range and rallied toward $118.00 after EPS came in way above street. They still face resistance between the $120 round number and $120.80 where they peaked in a double top earlier this year. With other Canadian banks faltering short of their 52-week highs even though the shares have the wind at their back today, further upside could be limited in the near term. by ColinCieszynski1
This bank will be in default by 2018: Canadian Imperial BOCUltrasell Mode till 10 USD. They will need a bail-inShortby hpspain5
CM - coiled stochastic breakout + divergence in progressCM - coiled stochastic breakout + divergence in progress. Target = $83.10Longby jwensil2
CM Evening Star ReversalFriday formed the 2/3 leg of the evening star reversal pattern w/ 4.2x's normal volume. Will be short if price breaks below 81.19.Shortby MattDeLong3
CM — Downtrend, Upper Channel Oil price rising caused it to rise, Oil price dropping will help it to drop.Shortby GMOTruths1
CM — Hit Resistance, Go Back DownImperial Bank of Canada hit resistance at 64.59 and will go back down to $59.Shortby GMOTruths0