Hello Guys,
as suggested many times, this bank is in a big trouble. It is the one of the worst banks in Europe, if not the worst one.
It is still surviving only because of politicians, but there is no future for this bank, like it is now.
That said, Weekly chart is quite clear, direction is still down! Bearish forces are controlling the stock. Ad suggested, I was expecting a technical
rebound till 12.30/12.50, to see then the stock down again. I was right even this time.
Now, we can short this stock till 10.00 / 10.20 with high confidence.
Thank you guys,
See you with new trading ideas
Simone
as suggested many times, this bank is in a big trouble. It is the one of the worst banks in Europe, if not the worst one.
It is still surviving only because of politicians, but there is no future for this bank, like it is now.
That said, Weekly chart is quite clear, direction is still down! Bearish forces are controlling the stock. Ad suggested, I was expecting a technical
rebound till 12.30/12.50, to see then the stock down again. I was right even this time.
Now, we can short this stock till 10.00 / 10.20 with high confidence.
Thank you guys,
See you with new trading ideas
Simone
Trade active:
Hello Guys,
trade is moving on our direction. Keep on it, till target will be reached ( soon )
trade is moving on our direction. Keep on it, till target will be reached ( soon )