KRE – it topped in my target box and now is setting up a new rally On 9 February 2019 I posted a bearish count and predicted that the rally would top at $58. On 22 February 2019 I reaffirmed my bearish outlook and confirmed the same target of $58. Read more…
KRE- micro count confirms my $58 target for this move up In the update posted on 9 February 2019 I showed on the chart below that the main target area for the rally in KRE was at $58. This morning I updated this micro count. Please scroll below. KRE – Read more…
KRE – if it manages to stretch higher that will be a great short Last time I updated KRE on 13 January 2019. Back then KRE traded at $50. I concluded that the rally should extend to 57.60-58.70. Last Friday it close at 54.15 adding 8% from my last update. Looking Read more…
KRE – the first leg down of a large corrective wave ( 4 ) looks completed Exchange Traded Fund KRE tracks an equal-weighted index that covers US regional banks. The largest holdings are OZK, SIVB, PACW, RF, SNV. I count the rally off the 2009 low as an impulsive five Read more…