I know that whenever something drops by 30 or 50 or 70 percent in one or two days it seems like you might be able to smash buy and ride the bounce back to the top, but just take a look at how well that worked out for tech stocks once the market started to correct at the end of 2021, or just take a look at how well that worked for Silicon Valley Bank dip buyers who...
$SBNY market maker has to get paid. Stoploss hunt is in order, if this baby is gonna go up. So highest volume trading is 0.1840. Lately the Market maker likes 0.18 for support, and 0.22 for profit taking. 18-22 right now. Not sure how far the mm wants to drop this. There is a liquidity candle down at .11. Anchored vwap support is .1530 Accumulation play for...
Traders, These are the times in history when we are supposed to see heroes rise to the occasion. With the trust in the U.S. dollar faltering a bit, lead by the failures of some major banks (Silicon, Silicon Valley, Signature, Credit Suisse), the time for Bitcoin to shine is now. And it has! To some, the recent move up in Bitcoin came as a surprise. However, it...
Just asking for my investing friends ;-) Cuz' this bullish fear pattern seems to indicate something more is coming. Stew
Apologies for the click-baity title, but I did want to get your attention to make (once again) my point that inflation is ON now and that the FED has actually pivoted while many are watching and don't see it that way. Let me explain. Back when the FED started raising rates rapidly I grew worried that at this unprecedented pace of rate hikes, something would...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here, committed to keep you updated on the latest major event that's taking the world by storm: The recent collapse of three major banks: Silicon Valley Bank $SIVB , Silvergate Capital Corporation $SI and now Signature Bank $SBNY . It has since came to light that many cryptocurrency companies had vested...
If you haven`t bought those 5X puts: Then you should know that Signature Bank's stock experienced its worst day on record following the collapse of SIVB Silicon Valley Bank and SI Silvergate. Due to high volatility, trading was suspended earlier in Friday's session, and the stock has continued to decline for five consecutive sessions. This downturn was...
If you haven`t sold COIN here, ahead of earnings: Then you should know that following a string of investigations and lawsuits against it, Silvergate Bank, a prominent lender to cryptocurrency firms, lost five key partners on March 2. Coinbase, Paxos, Gemini, BitStamp, and Galaxy Digital were among the notable crypto firms that previously relied on Silvergate as...
On December 21 Fitch Ratings revised Signature Bank's (SBNY) 'BBB+' Long-Term Issuer Default Rating (IDR) Rating Outlook to Negative from Stable. On Jan 10, a team of analysts led by Ken Usdin downgraded SBNY Signature Bank to Hold from Buy, and slashed their target price to $124 from $185. SBNY Signature Bank said that it had an exposure to FTX of less than...
So, Silvergate Capital is this bank that services the crypto market and is arguably a pretty shady company. It's a shady company because crypto itself is extremely filthy, is a cult, and doing business with shady cult people who are printing money out of thin air on the Internet brings with itself certain problems that no bank who is legit is willing to muddy its...
Signature Bank commercial banking products and services. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposit, time deposits, and other cash management products. The company also...
SBNY seems breaking down forming a H&S formation. It also broken down key support label on huge volume recently. We would consider a short if it breaks below $132.13 * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- H&S formation, Key support breakdown short Entry Target Criteria- Break of $132.13 Exit Target Criteria- $122.13 Stop Loss...