Wolf-AD7

City Union Bank - Breakout of Parallel Channel

Long
NSE:CUB   CITY UNION BANK
Breakout above the long-term parallel channel in City Union Bank. With banking stocks poised to do well, this could follow.

Targets indicated over the long-term above.

Could see a re-test of the Parallel Channel (or of the 200EMA) support) before the next big leg up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.