TORONTO-DOMINION BANK in dayI do not recommend buying or selling. Because the market is not in a trending position
Canadabanks
Ummmm.... Hey as you can see, I don't know diddly about charting but hopefully the fancy bullseye got your attention. This ETF appears to be in distress!! The only reason I'm reviewing is that a friend said it has been a MF recommendation. Sometimes they seem to have good timing but this one and my advice to my friend was, even if you believe in the fundamentals of the ETF, the economy is still in a world of pain and Cnd banks are still under mad pressure. The Div looks nice...maybe after it closes the gap I'll take a look again after that but right now the chart is ugly and I'd stay eagle eyes and not involved.
#BIGG(BIGG DIGITAL ASSETS INC)hi friends
in this post i am describing a high profitable and long term one
as i depicted in Black box area we have good demand zone
Entry:0.260
SL:0.215
TP: according to what i analyzed final target in long term is 5$ but you can save profit in
TP1:0.79(190%)
TP2:2.14(700%)
TP3:5.03(1800%)
I hope you enjoy and support me by share and comment
thank you for your time reading my analysis
CGI INC Share Canada Stock Markethi friends
GIB.A (Canada Stock Market Share )
in Great Demand Area And Ready For Great Long to Target With
RR=1:5
SL and TP is Drawn but Target Can be Expanded but dont Forget to Save Profit At Least 70%
Gov't Bond Yields & Bank StocksFollowing government bond yields can be crucial to understanding the underlying price action of banks stocks. Take this example of Canadian bonds and stocks. We can clearly see how, following a steady expansion in yields of various maturities, a trend break where bonds suddenly appreciated (yields go down when bond prices go up) the results were a change in trend for the bank stock (in this case CIBC). The inversion of the 3 month and 10 month yields resulted in a trend change confirmation on the smaller timeframes. This is not just a coincidence: bank business models are heavily influenced by their central bank regulator.
CIBC | 40% Short Trade SetupConfirmation: 99.65 (weekly candle)
Invalidation: Local high
Type of Trade: Countercyclical (EMA50 above EMA200)
Target: 56.46
TF: Weekly
Leverage: 2x
Pattern: 1) monthly rising wedge reversal with 2) break of weekly support, and 3) break of major support line.
Monthly view:
RY (RBC BANK) | Watch For Rejection and New DowntrendRY has filled a gap created back at the beginning of 2018 and we also see a potential large double top formation on the daily and weekly timeframes that is being formed by rejection. This is an opportunity to position short for a new downtrend on the lower timeframes, looking for support on the 8/1 Gann and as low as the 4/1 Gann.
On the larger timeframe, don't forget Steve's trade (targets are my own though):
PS. Some Index funds might be worth shorting as well.
