Go long on monday?

BCP

Looking at RSI, MACD and the 5 year price, it looks very interisting for a long position for a short/medium term trade. 0.25, 0.26€ price target seems realistic.

With all that is going on with more quantative easing, economy slow down, loads of titanic debt increasing and all the geopolitics that are going on, i really have a hard time going long for the long term on banks. Too much pressure on them.

But looks nice for a short trade.
Support and Resistance

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