Trading Idea - #UBS
My trading idea for UBS following the announcement that the shares bought back last year will be used to finance the takeover of Credit Suisse. SHORT/SELL
Apart from that, the price is battling at a significant resistance level. A breakthrough is unlikely in consideration of the current banking crisis.
Entry: 21.00 USD
Target: 15.50 USD (Profit 26%)
Apart from that, the price is battling at a significant resistance level. A breakthrough is unlikely in consideration of the current banking crisis.
Entry: 21.00 USD
Target: 15.50 USD (Profit 26%)
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