USB's stock has created an almost perfect head and shoulders pattern, clearly marking the support line in red and recently breaking it, with a pullback included.
This leads us to believe that with the recent CEO changes, the questionable acquisition of the Southeast bank, and some fee issues, the stock may suffer in the short to medium term, potentially leading to drops of up to 14% to meet the targets set by the head and shoulders pattern.
The break of the first blue trend is already a warning signal for investors. We have an opportunity to win around 7 to 14% while risking around 3 to 4%, this makes a los of sense if you invest in the short term.
This leads us to believe that with the recent CEO changes, the questionable acquisition of the Southeast bank, and some fee issues, the stock may suffer in the short to medium term, potentially leading to drops of up to 14% to meet the targets set by the head and shoulders pattern.
The break of the first blue trend is already a warning signal for investors. We have an opportunity to win around 7 to 14% while risking around 3 to 4%, this makes a los of sense if you invest in the short term.
Dagangan aktif
1st target reached without stopPenafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.