Risk is very small, you can go long here at market, upside is considerable in this very accumulated stock. CUBI is a small but profitable bank with low risk and good potential. Good luck, Ivan Labrie.
$CUBI offers a very nice long opportunity against the Key Earnings Support level at 26.23. Look to enter longs next week, and aim for a retest of 27.38, risking a drop to 25.66 initially. Ideally, you'll get the fill as reccomended on chart, if not, you can simply enter long at market, and use the same stop at the open. Watch the open on Monday closely. Check out...
We have an interesting setup in CUBI. I have taken many long trades in it before, and this is a good chance to reenter if support holds. Price has hit the yearly SMA, and also hit a weekly range expansion bar's mid point, which usually acts as support during a trend. As a sidenote, we have a 50% speed line support here. There's an active weekly uptrend, and the...
Tim West has shared this setup in the KHL chatroom this week. I'm posting it so everyone sees it, in case you missed it. We can enter shorts in TD, and additionally longs in CUBI to create a pair trade (or simply take the short). Position size if trading the pair involves risking going long with 7% size in CUBI, and short TD (with the same size), simultaneously....