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CITY UNION BANK LTD

CUB BO [Weekly]

Oleh HawkishDove
Diupdate
CUB BO on weekly timeframe coinciding with 10W/40W cross as well. One of the few banks showing good volumes and price appreciations. Keep an eye out for this :)
Catatan
162 is the next level where overhead supply might kick in. Up until now, movement has been smooth and not much on volumes unfortunately. So keep an eye out on it if supply around this level knocks it down.
Catatan
Currently facing overhead supply, but has good momentum. Stock showed signs of strength when Bank index was in pressure, so might be a good catch, although volumes are much in the larger names for now.
Chart PatternsCup And Handle
HawkishDove
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