Jun. 13 at 7:21 PM
$ALLY is coiling right below critical resistance, and the setup for a move to new highs is looking cleaner than it has in years. With a strong Q1 earnings beat under its belt and a massive
$2B buyback program in play, the fundamental narrative has finally caught up to the technical breakout. Watch that resistance zone—if it snaps, the velocity of the move will likely be aggressive.
🐂 Bull Level: Clear
$47.50 to confirm the move toward all-time highs.
🐻 Bear Level:
$41.00 must hold to keep the bullish momentum intact.
#ALLY #AllyFinancial #Fintech #StockMarket #hovdid
