Big Banks Are Shattering Resistance

Watch these big banks! 

Namely: JP Morgan (JPM), Citigroup (C), Bank of America (BAC) and the notorious Goldman Sachs (GS)

All of them are breaking out as I am typing this and they look like they could be solid runners for the entire week. 

Rarely do you find them or any group of stocks of a particular industry, all exhibiting massive breaks of long-term resistance simultaneously. But that is what you have here in the big banking industry. 

I expect that I'll probably be adding one of the names from the list above in the days ahead, possibly even tomorrow. 

Here are the technicals and the trade setups:

J.P. Morgan Chase & Co.

jpm jp morgan swing trade setup

Citigroup

citigroup c swing trade setup

Bank of America

bac swingtrade setup bank of america

Goldman Sachs

goldman sachs gs swing trade

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Chee Hin Teh 8 years ago Member's comment

Thanks for sharing

Chee Hin Teh 8 years ago Member's comment

Thanks for sharing