This has bounced incredibly well after dropping hard after a confusing earnings, where GS downgraded and so did CS downgrade. Buyers stepped in strongly and this has bounced hard, likely too hard and this still looks like a corrective reaction to me. There has not been a single pull back, so this is not an impulse wave unfortunately, but in the short term, there appears to be more upside tho.
Darsh Trivedi
2023-05-19 14:25:36 +0000 UTC