By: Scott Redler

The European Banks could be on the mend. We have been accumulating IRE for a potential breakout and now the stock sits in a nice high level consolidation. the pattern looks like a nice bull flag type. Shares have held up well while the banks got pressured through the Goldman Sach’s news.

I will add to my position if we trade through and hold $9.90-$10.00 on big volume. The first quick move could take stock to the $10.74-$11 area. The longer term trade can take this stock back to the $14-$15 Zone later this year.

IRE+april+20.png
T3LiveTrading?d=yIl2AUoC8zA T3LiveTrading?i=Zz48KcqhEbk:goe6kStqNLE:4cEx4HpKnUU T3LiveTrading?d=7Q72WNTAKBA T3LiveTrading?i=Zz48KcqhEbk:goe6kStqNLE:V_sGLiPBpWU T3LiveTrading?d=qj6IDK7rITs T3LiveTrading?d=l6gmwiTKsz0 T3LiveTrading?i=Zz48KcqhEbk:goe6kStqNLE:gIN9vFwOqvQ T3LiveTrading?d=TzevzKxY174 T3LiveTrading?d=dnMXMwOfBR0

Zz48KcqhEbk