KRE: Adios Amigos
Updated
Not the time to be long. Head & shoulders pattern with open gaps to fill below. No remaining support.
Note
Wouldn't start scaling in till sub-40Note
Good time to start building your position now that KRE is $36 in pre-market tradingNote
I think this rally has legs to get to low-50s before we begin another leg down. EPS estimates are still too high across the sector.
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