I like taking BMO:TSX here as I believe it is oversold to the downside. Closest support is marked in blue - very closeby, and good probablility of breaking next week if we see market weakness. However YoY growth on this stock is generally positive and unless we are heading into a recession I believe this is a solid buy here - the most oversold this stock has been since the 2008 financial collapse, paying a whopping 4.45% dividend.
Add it to your longs!
Add it to your longs!
Note
oh no too bad I didn't pick it up :(
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.