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Author Topic: FITB - Fifth Third Bancorp - NASDAQ  (Read 7500 times)

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


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

September 30, 2008, 04:03:44 PM
Reply #1
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Dr PennyStock

Administrator
It's too high in price.
Dr PennyStock

September 30, 2008, 08:31:05 PM
Reply #2
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Bruce Lee


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.

January 26, 2009, 02:17:22 PM
Reply #3
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KC


Doc,

Do you think this has confirmed support today?
I settle for 25%.

January 26, 2009, 04:09:05 PM
Reply #4
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Vegas


I didn't check support but I like this chart... ;D 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
♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

January 26, 2009, 04:10:07 PM
Reply #5
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KC


I didn't check support but I like this chart... ;D 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.
I settle for 25%.

January 28, 2009, 08:11:47 AM
Reply #6
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Dr PennyStock

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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.
Dr PennyStock

January 28, 2009, 08:49:07 AM
Reply #7

Dzielak51

Guest
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. 

January 28, 2009, 11:09:06 AM
Reply #8
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Dr PennyStock

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

February 12, 2009, 11:52:45 AM
Reply #9
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Dr PennyStock

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

March 01, 2009, 02:50:51 PM
Reply #10
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sherwood


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. ;D

March 01, 2009, 06:36:02 PM
Reply #11
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sherwood


not passed yet but they will

March 20, 2009, 09:59:24 PM
Reply #12
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eric1960


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.

March 23, 2009, 10:10:10 AM
Reply #13
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eric1960


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.

March 30, 2009, 03:07:23 PM
Reply #14
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eric1960


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