new found activity for this dormant ticker?
NOT FINANCIAL ADVICE
potential cup and handle forming on 3h. i'd wait for price action to lower to less than 4 before starting a position. (TIME FRAME: 1-2 MONTHS+) i wouldn't go too heavy as this is a bit of a speculative play. fundamentally, banks look to be in a good position right now as mortgages and credit are being paid off quite efficiently atm. for a more fundamental play, i'd choose $BAC calls.
potential cup and handle forming on 3h. i'd wait for price action to lower to less than 4 before starting a position. (TIME FRAME: 1-2 MONTHS+) i wouldn't go too heavy as this is a bit of a speculative play. fundamentally, banks look to be in a good position right now as mortgages and credit are being paid off quite efficiently atm. for a more fundamental play, i'd choose $BAC calls.