has posted on its website a Phases & Cycles
technical status report on the major Canadian Banks: BMO, BNS, CIBC, National Bank, Royal Bank, Toronto-Dominion Bank
Analysts Monica Rizk and Ron Meisels note that most banks have started to pull back, with the exception of TD, which remains overbought.
View the charts here: Phases & Cycles eResearch
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eResearch: Bob Weir, CFA, Director of Research