CRInvestor
Long

RBS - a previous 'value' standout and now a technical buy???

BATS:RBS   ROYAL BK SCOTLAND GROUP PLC
104 0 0
RBS             has been a WDB Options Model standout for some time. That model doesn't care about price action and indeed many of its positions can sit for months 'going sideways' as the market ponder's their situation. Now it would appear, based on price action, buyers are starting to come back to this name. 'Bot' long entries from around $9.50 look good for an ultimate push towards $14.00 (by definition, 'bot' trades have a built in 3:1 reward to risk ratio, and seem to run at better than 80% profitability. The question is, will the market move straight to the target or hit trailing stops along its way).
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