NYSE:UBS   UBS Group AG Registered
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%)


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