Hard to say how far the bounce off the 50ish support level will run, assuming KRE (Regional Banking ETF) is headed there in the coming weeks as I suspect, but I think the most likely scenarios will be something along these lines... KRE daily March 17th
An overview of the financial sector etf, XLF, along with the technical outlook for the largest financial stocks. The following securities are discussed in this order: XLF, BRK.B, JPM, WFC, BAC, C, GS, USB, MS & AXP along with key support levels & price targets.
The following notes & charts outline the entry criteria, price target, suggested stop & beta-adjustment for a swing trade on XLF, the financial sector ETF.
The CCE (Coca-Cola Enterprises ) Active Long Swing Trade & Active Growth & Income Trade has just hit the second price target, T2 at 36.24, for a 15.9% gain*. CCE was added as a Long Swing Trade as well as a Growth & Income Trade just over 3 months ago on December 7th at 31.45. [...]