and we warned about that markets go from pessimism (fear) to optimism (greed) and vice versa. When everyone was in fear due to bank collapses, we also shared a chart with ticker KBE, where we were tracking an A-B-C corrective decline within uptrend. (Click on image to enlarge)
As you can see today, Bank Sector with ticker KBE is waking up and it’s now trying to break channel resistance line, so more gains can be seen in upcoming weeks/months, just be aware of short-term pullbacks.More By This Author:
Bank Sector Is Waking Up
