SBNY breaking out
* Relatively stable earnings
* Strong up trend since November 2020
* Breaking out of a 5 month consolidation
* Breaking out with higher than average volume
Trade idea:
* $260.37 should hold as support so you can look for buying opportunities there
* Or if you're not looking for a discount, you can jump in now and ride the next leg higher.
Be sure to place some distance between you stop due to market volatility these days.
* Strong up trend since November 2020
* Breaking out of a 5 month consolidation
* Breaking out with higher than average volume
Trade idea:
* $260.37 should hold as support so you can look for buying opportunities there
* Or if you're not looking for a discount, you can jump in now and ride the next leg higher.
Be sure to place some distance between you stop due to market volatility these days.
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