Ethical_Bear

PacWest Bancorp Collapse - 90% fall in price

Viés de baixa
NASDAQ:PACW   None
Tried to analyse PACW stock price as per Fib ratio and daily average price levels. Expecting $5.34 as opening price on Monday, new fall is also expected as price seems to be at the golden level and can fall below $2. This will be the 4th crash after SVB or signature banks, etc. Friday price took a reversal but seems there's lot of pressure on the sell side, also being the psychological range of the price broken earlier might have adverse effect on sell side. Let's wait and watch if this actually happens or if government actually takes some measurements to cover the fall, in any terms we will learn something new...

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.