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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | T.RY.PR.J | RBCPF | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.


TSX:RY - Post by User

Bullboard Posts
Post by Lisanon Jan 27, 2009 8:37pm
479 Views
Post# 15732200

Next step = $20

Next step = $20Le b/d (Fibo 78.6%) est patent et avec énorme volume par dessus le marché. La cible des 20$ est une très forte probabilité si rien ne change. À mon avis, je ne crois pas que la zone des 30$ puisse tenir et pourquoi ? Parce que l'A/D est en b/d et le CMF est en zone négative(perte de confiance des gros investisseurs), Si ces gens là sont entrés en mode liquidation, je vois mal comment RY.TO pourrait tenir le coup.

https://forum.webfin.com//dcboard.php?az=show_topic&forum=104&topic_id=23694&mesg_id=23694&page=


B/D (Fibo 78.6%) is obvious on large volume. A $20 target is a strong short term probability as $30 isn't likely to hold; why ? Because A/D is into a B/D and CMF is in a negative zone (loss of confidence from major investors). Since they are selling off , it is difficult to see how RY can hold at the present level. Insider selling confirms this.

Bullboard Posts