JamesRennie

Will this death cross happen?

TSX:BNS   BANK OF NOVA SCOTIA
The chart appears to show ether a break out from the linear regression channel upwards or a death cross is coming. It likely about 60% chance of death cross and 40% chance of continuing it's short term trend and breaking upwards. Interesting how they have accumulated about 50% more debt very quickly yet in that time frame revenue only went up 10%. A 1% interest rate increase would reduce their net income by 21%.

Idee correlate

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