BMO support is $58 with major support at $56

Short-term target is $62.00.

BMO is in a consolidation phase: the intermediate trend is sideways. The first support level is $58 and major support is $56 for Bank of  Montreal. The stock will meet resistance at $62.00 with major resistance at $64.00.

Bank of Montreal - Weekly Chart

Bank of Montreal - Weekly Chart

Take a look at the three year chart.

Take a look at the one year chart.

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