We have a very strange finding here and something quite different.
This is the 10th largest banking corporation in the USA by market capitalization.
All the other banks had very similar if not identical charts, the exact same patterns, the same cycles, the same disconnect... TD Holdings, Inc. (GLG) is absolutely different.
The stock GLG peaked in August 2020 and then went on a strong downtrend... I hope I have the right ticker and I doubled check... It hit bottom guess when, May 2022 which is when the first set of Cryptocurrencies hit bottom.
Here is the chart:
This can mean many things.
Once we hit bottom, the only place left to go is up.
This bank might be doing it right and not gambling with peoples money... Not sure but the pattern is different.
When the upcoming banking system crash comes, TD Holdings, Inc. is very likely to be going up rather than down.
Every since the May 2022 bottom it has been producing higher lows in a consolidation pattern.
This one might be a good call, it is in the TOP10 yet it already hit bottom and is gearing up to go up.
P.S. This analysis can be invalidated on a close below May's low, the charts can always change.
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