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Bullboard - Stock Discussion Forum Canadian Western Bank T.CWB

Alternate Symbol(s):  CBWBF | T.CWB.P.B | T.CWB.P.D | CWESF

Financial Services
Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate... see more

TSX:CWB - Post Discussion

Canadian Western Bank > Nice technical retracement...
View:
Post by luscar99 on Jan 20, 2024 2:25pm

Nice technical retracement...

Currently near an all time P/B low of 0.7.
I expect a breakout towards $33 in the next 2 weeks.

Good news from TRP's Coastal GasLink and Turdeau's Trans Mountain should help.
Comment by luscar99 on Feb 11, 2024 1:19pm
I was wrong. The perspective of delayed interest rate cuts has augmented the worries about RE losses for the small banking sector. The nat gas price in Western Canada isn't helping either. The retracement will probably continue towards first technical support level at $27.70. If that fails the stock will probably retest $24.50.
Comment by Martincat on Feb 12, 2024 2:35pm
It will be time to load up again!
Comment by zforzebra on Feb 13, 2024 8:56pm
Bang on
Canadian Western Bank
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