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1 for 10 stock split shows that someone is really looking for buyers in this stock.
Abe, I wouldn't short a financial ever again. The gov't already showed they will change the rules to protect the banks (banning short sales), who is to say they don't do it again...That's just my take though. In terms of their charts all the banks look horrible. No ability to rally. Can't catch a decent bid...
It's the retracement gap that gives me confidence in the direction of C. The climaxy run up to 43 didn't get back into the price area above 43.4 = retracement gap.
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