Community Bank N.A. is in Trouble....
A macro 5 Wave move inside a large rising wedge appears to be breaking down....
In my previous idea i was very conservative in my doomsiness....
Here is the other side of that coin....
This bank is entrenched throughout the US.....
Look Out Below....
A macro 5 Wave move inside a large rising wedge appears to be breaking down....
In my previous idea i was very conservative in my doomsiness....
Here is the other side of that coin....
This bank is entrenched throughout the US.....
Look Out Below....
Note
March 2020 Support has been pierced...Note
"CBU has an F grade for Value and a D for Sentiment and Quality. CBU is ranked #61 of 66 stocks in the F-rated Northeast Regional Banks category."tradingview.com/news/stocknews:7e1230d8b094b:0-feeling-bearish-3-stocks-to-short-this-week/
Note
The Support @ the 2020 Low Has Been Breached...
Note
Some Adjustments Now That Some Time Has Elapsed
Note
CBNA puts in a new low with a dissapoint on earnings for Q3Note
CBU could flush below $30Note
This Gap will fill in the highlighted Range
Expect to see price form a ceiling of resistance to confirm bearish continuation
Note
banks surprise to the upside
Can
CBU reclaim the March 2020 low as support?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.