Yes, quite a move yesterday and a decent follow-up today too. I am not a technical trader and primarily look at price-volume action to just understand what others think. While the results were good, it was not so crazy good either. I think the key thing is to do with their business model which is not the same as most retail-focused banks. I can’t say for sure, but in the current environment, this feels like a bit of a flight to safety move as well.
| Subscribe To Our Free Newsletter |
