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Will Banks Bounce on resistance?

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platsak
Super Contributor
SBK on about 8500 and ASA on 9500 Any comments?
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4 REPLIES 4
Electrox
Super Contributor
Banks wiill bounce but the trading range between these bouces are getting smaller and smaller. I got out yesterday already.
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Russ
Super Contributor
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scandal
Super Contributor
i think ABL is the stronger of the banks... support yesterday at 2550 so far holding above.
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Not applicable
i agree with elec...will bounce back but the wave length of upward movement is drawing minimal...dngerous going long for long periods of time
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