Credit Suisse is one
of the most credible investment banks with various arms of business that has given them a phenomenal balance sheet
. The recent Archegos implosion may put some clients on edge and although the bank has had to sell some hefty positions, it is expected that such a strong company will return. RSI
has reset and bounced showing a reversal may be imminent. The stock should follow as buyers step in to buy the dip. Long over 10.4, Short under, PT back to fair value at $21, phenomenal risk return.