Resistance appears to be holding at the $34 mark, appears to be overbought on RSI. Executed at $34.10
Stock appears to be trading within a sideward channel between $70 - $63. Has reached the bottom of the channel, long opportunity.
Potential long position of a key fib level that has confluence with existing support levels. Look for either: 1. Positive price movement long to confirm rebound. 2. Further consolidation at the $2.22 level that re-affirmation that the level is holding.
NYSE:BMO 21MAY16: - POSITION: Long - PRICE: $63.02 - TARGET PRICE: $67 - STOP LOSS: $61.80 - TARGET ENTRY: - Looking for entry on Monday on upward price movement. - Appears to be a pullback on a strong upward trend. - Aggressive stop loss to be pursued.