Author Topic: FITB - Fifth Third Bancorp - NASDAQ (Read 7607 times)

Bruce Lee · September 30, 2008, 02:20:54 AM

Big drop today after the failed bailout news. I think it's a good candidate for a bounce. It had been trending up since mid June until today. What do you guys think.

http://stockcharts.com/h-sc/ui?s=fitb&p=D&b=5&g=0&id=p24626511971

Dr PennyStock · September 30, 2008, 04:03:44 PM

It's too high in price.

Bruce Lee · September 30, 2008, 08:31:05 PM

Quote from: Dr PennyStock on September 30, 2008, 04:03:44 PM

It's too high in price.

In pre-market this could have been bought in the mid-$9 range. It was as high as $13 today, but spent most of the day between $11.50 and $12. Going by the chart I think we could see $16-$17 soon.

KC · January 26, 2009, 02:17:22 PM

Doc,

Do you think this has confirmed support today?

Vegas · January 26, 2009, 04:09:05 PM

I didn't check support but I like this chart...

I will have to do some DD and watch it...

http://stockcharts.com/h-sc/ui?s=FITB&p=D&b=5&g=0&id=p42353008844

KC · January 26, 2009, 04:10:07 PM

Quote from: Vegas on January 26, 2009, 04:09:05 PM

I didn't check support but I like this chart... I will have to do some DD and watch it...

http://stockcharts.com/h-sc/ui?s=FITB&p=D&b=5&g=0&id=p42353008844

I'm liking it too. Hope to be able to play it after GNTA.

Dr PennyStock · January 28, 2009, 08:11:47 AM

Quote from: KC on January 26, 2009, 02:17:22 PM

Doc,

Do you think this has confirmed support today?

It's possible a double bottom today at 2.50, but, it should also to break it and continue to fall.

Dzielak51 · January 28, 2009, 08:49:07 AM

I had the same analysis too Doc, but i think with Obama stepping up to the plate trying to help financials, this is real good for any bank stock.

Dr PennyStock · January 28, 2009, 11:09:06 AM

This open is a clear buy signal, I give this a buy.

Dr PennyStock · February 12, 2009, 11:52:45 AM

It has broken the ascending trend line and I expect new lows, wait.

sherwood · March 01, 2009, 02:50:51 PM

some one bought 3,998,000 shares at 2.11 friday cost of 8 mill. wow might be interesting week after stress test over fitb passed.

sherwood · March 01, 2009, 06:36:02 PM

not passed yet but they will

eric1960 · March 20, 2009, 09:59:24 PM

http://stockcharts.com/h-sc/ui?s=fitb&p=D&b=5&g=0&id=p28479235044

This is a great day trading stock. It has great liquidity. I have made thousands on this stock trading in and many times. Just today I was up 2500. Be careful in your entry/exit positions.

eric1960 · March 23, 2009, 10:10:10 AM

Exploding upward this morning. I'm up thousands!!!!! Book value is 13.00, means nothing except when they adjust M TO M accounting in a few weeks.

eric1960 · March 30, 2009, 03:07:23 PM

This is getting good support around the 2.50 area, even in a down market.

Author Topic: FITB - Fifth Third Bancorp - NASDAQ (Read 7607 times)

Dzielak51

Dzielak51