Regional
$CARV: The S in ESG & “Transitory Inflation”Environmental, social and governance (ESG) integration is Blackrock’s practice of incorporating ESG information into decisions to help enhance risk-adjusted returns and I believe this 20 level here represents something significant. Following this ESG thesis one could expect a stock to rank highly in the social category, however, it doesn’t come without some significant risks and those risks may be why we find ourselves underneath this highly liquid area. Those risks come from inflation and crypto. If these macro inflation or crypto trends continue to play out this could mean the Fed has lost control of inflation which then will lead to the $DXY index rejecting 95 in a meaningful way. These forces could be devastating for Carver’s value as their customers lose purchasing power. However, if the Fed moves on with raising rates and the dollar rises back through the aforementioned 95 level, this could lead to tremendous benefits out of Washington in the future. In short, watch the 20 level in CARV and $DXY 95 over the following weeks / months to see which way the market will decide to push this stock
HBAN oversold, go longBanks sold off heavily due to fed uncertainty/their announcement and T-bill market volatility, particularly regional banks like HBAN. HBAN's recent acquisition of TCF bank is just beginning to become accretive to their overall business and the bottom line. See more details on that acquisition in my prior posts linked below.
Buy this capitulation/weakness
Just received the highest rank among regional banks in the JD Power's US banking mobile app satisfaction survey for the 3rd year in a row.
Maybe, Rising Wedge On Indeks Harga Saham Gabungan - 4H resisten terakhir pada rising wedge berada di area 5000, jika benar timeframe 4h chart mengarah pada resisten tersebut sedangkan stoch dan chart bersemuka membentuk lower low - lower high, maka besar kemungkinan rising wedge akan terjadi.
ps : target full rebound saya untuk ihsg berada pada area 3700