BAT PATTERN Long @ 37.50Coming off 52 week highs for the identified 'XA' leg. 37.50 is clean support on both daily and weekly charts. There is also very nice bullish momentum divergence seen on the Mac-d histogram. Enter Long just in front of the 'D' point at 37.55 Stop Loss below 'X' point around 36.60 My initial Profit Target will be 38.75 which should see resistance with second profit target being the 'B' point @ 40.35Longby JoeHayes2
KRE has a date with $43The banking stocks have been on fire lately and even though the KRE trades almost 3 Million Shares in a day, I think it is headed higher. Today we saw a trader buy 10,000 plus KRE April 44 Calls for $.31 which was a $300,000 investment. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. KRE has a date with $44 so I am long the KRE April 44 Calls for $.31Longby KeeneOnMarket4