$TD
Added 2023-06-27 12:46:14 +0000 UTCLike a lot of the US banks, Canadian Bank $TD is still in its final stage of its corrective wave now, we are looking for this to find support between now and the 0.618 Fib at $72.
I can see a rejection at the 50 Day MA and the price is also below the 200 Day with a bearish cross, so I see the trend downward continuing.
Wait for signs of reversing, especially around the 0.618 Fib, by holding support there.
Comments
Note: This ticker analysis is technically for TD.TO on the Canadian TSX Exchange. Just thought to mention so it is not confused with TD on the NYSE.
Jai Da
2023-07-16 16:54:40 +0000 UTC
