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Cup and Handle forming and decent accumulation volume. On breakout this may run upto $48.50 Stop loss: Use today's(2/22) open: 42.19
Hello traders, BANK OF NEW YORK MELLON CORP is a bearish fake dynamic with a large volume of purchases issued and a trace made of sellers. In TIMEFRAME M1 we see the title which makes a hammer bear candle with a high volume of sales at the end of the session. It is heading towards the VWAP strong potential breakout the price to go to the next high before closing...
Quiet day in the markets, volatility down slightly, all sectors seem to be trading together in wait and see mode. No exits today, entered 2 new pairs trades. Will likely enter more trades tomorrow and Friday but don't plan on entering any new trades next week going into the election. Jared
Price has crossed the 50 EMA which is a positive sign for upward trend. The 10 EMA is also very close to crossing the 50 ema. The other indicators also show upward trend is in play. Enjoy.
Fundamental: Analysts reached a consensus estimate for Bank of New York Mellon's second-quarter earnings of 91 cents a share, according to FactSet. "Bank of New York Mellon Beats 2Q Profit Expectations," published at 6:51 a.m. ET, incorrectly said that the FactSet consensus estimate was 95 cents a share. The Shares plunged about 8%. Definitly...
BUY ONLY FOR THIS ONE... EST EPS USD 0.88 LAST EPS USD 1.05 LAST DIVIDEND PER SHARE USD 0.31
Buy for This One... @BK Estimated Earning Per Share USD 0.87 Last EPS USD 1.05 Last Dividend per Share USD 0.31
Buy for This One... @BK Estimated Earning Per Share USD 0.87 Last EPS USD 1.05 Last Dividend per Share USD 0.31
By looking at the chart, it looks more similar a upside down mountain sloppy hill. Recognizing this kind of a change can allow traders to take profits and protect themselves from buying into an unfavorable market, or strategics to make money from falling prices by short-selling. The big question is that what will be the next move? So basically it has many...
This idea is probably premature, and based on my fundamental bias that the market in general, and banks in particular, are based on fake money and debt and will roll over soon. As a reason against this thesis, the fundamental news for this particular bank seems to be good, with hedge funds reported to be bullish on it. So I will trade this, but with a very small...
:: It was a failed setup from 2 days okay; I kept $BK on my watchlist and see a possible good setup + NR7 with lowest vol. over the past 30 sessions + Inside bar + NR7 + Hammer +/- Weak support from .38 Fib - Yesterday's bar had long upper shadow - Appears to be moving side way around the 0.5 Fib. Setup: Long above yesterday's high Stop set conservatively at...
$BK - long What I saw: + Sideway move within channel in the past 10 days + Breakout signals fired in high vol. + MACD turning positive + Weekly chart painted a NR3 & NR7 combo with higher vol. - Upper shadows scattered whenever price reached resistance - Next Fib resistance is at $39.5 - Overall price has been in downward trend My entry plan: Long above $38;...
Dates in the future with the greatest probability for a price high or price low