Hi friends,
I normally don’t post to much about stocks, I did about Google some time ago and it did HUGE profit, but not much more.
Today I want to show you something interesting. ALL banks stocks are showing daily divergences and fighting weekly resistances!!! You know what it means to me 🙂
Here they are:
JP Morgan (Click to enlarge):
HSBC (Click to enlarge):
Morgan Stanley (Click to enlarge):
Goldman Sachs (Click to enlarge):
From my point of view, it says something. They all suffer from CLEAR slowing. Something is about to happen out there, no idea what and when though. As I always recommend, trading the stocks requires margin and patience, much more than in forex trading.
So the best way to trade it of course is with very negative leverage, and without fear if it goes against you. In such divergences it is question of time only until move comes. I think that within several weeks, it will happen.
I wish you wonderful week
Yours,
Vladimir Ribakov
http://www.vladimirforexsignals.com/