ROYAL BANK PREF SERIES BH stock forum
RY - Appears that a H&S(D) formed -Nov 22>May 23 , waiting for a drop to ~117 (~ previous support points), before entry on the ride up
RY Bearish Head and Shoulders 
RY Using the Macd Strategy Tester on a Daily Basis will give you very good Entry and Exit Points for RY. But you must consider Market Trends and look to other indicators for confirmation signals.
RY This is what I see as a Long Term move by RY. It's an extremely strong stock Fundamentally and will quickly rebound from the most current banking fiasco. Quicker than in 2008. It was already in this Pattern and SVB tipped the scales to pull it down faster for the interim.