$42 resistance, 200 SMA - $43.19a decent amount of resisatnce around $42 level, going all the way back to mid-2016...
given how easily the price trend broke that level, one may hope that 200SMA @43.19 is achievable....and crossing above 200sma will trigger larger computer buys...
after that if the quarterly report in the beginnign of march is half decent we may hope to see next price levels of $44.5...
and its good to remember, that quebec economy is doing well, and the projected 2019 montreal housing prices appreciation levels are close to being the best in canada as oposed to declines in Vancouver and Toronto...
of course, a lot depends on how LB executes its planned transformation of loan stream: from resedential to business. However, even the single planned increase of prime by the BofC will help LB profit margins and support another $0.01c divi increase in the summer...