Remember this analysis from over four months ago? We didn't place a limit order at that time (which is why it's greyed out), but if you followed our setup during the livestream back then, congratulations! The chart reacted beautifully at the desired level, just as we anticipated. In my opinion, this is a great-looking chart, showing a strong reaction at a key...
Ho Ho Ho what do we have here... UBS monthly chart... with a breakout after massive 15 years base building process through a V=shaped spike, a double bottom and an inversed head & shoulder... next target CHF 35 ?
UBS: WOLFE Wave & Butterfly pattern to monitor : EMA.200 Fibonacci Levels ICHIMOKU Levels
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%)
As I mentioned before, the contagion will spread like wildfire because the banking system are so intertwined. We now see Deutsche Bank potentially get caught in the onslaught. Their share tanked by approximately 15% last Friday. After Credit Suisse got obliterated and UBS come to pick up the remains with assistance from SNB ($100 Billion Swiss Franc), their...
What more volatile than banking! Trading heaven. Trade range what I can see, within the few minutes I've paid attention. The obvious Gap, 0.618 failing the mid range and retest.
The Swiss franc is showing some strength on Tuesday. In the European session, USD/CHF is trading at 0.9238, down 0.58%. The turmoil which has roiled the financial markets over the past week has eased today. European stock markets are steady, and shares of UBS and Credit Suisse are both higher. The extraordinary measures taken on the weekend, namely, the emergency...
The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%. Let's start with some good news. European stock markets have settled down and are in positive territory. The euro took a bath last Wednesday and plunged 1.47% as Credit Suisse shares tumbled, but the currency has battled...
In a historic deal that shocked the financial world, UBS Group AG announced on Sunday that it has agreed to buy Credit Suisse Group AG for 3 billion Swiss francs ($3.24 billion USD), creating a banking behemoth that would rival some of the largest global players. The deal was brokered by the Swiss authorities, who intervened to prevent a collapse of Credit Suisse...
UBS Group AG has made an offer to acquire Credit Suisse for as much as $1 billion. The Swiss government is planning to change the country's laws to bypass the need for a shareholder vote on the deal, as they seek to restore confidence in the banking sector following Credit Suisse's outflow of 10 billion Swiss francs in just one week. The proposed agreement,...
UPS, 3M and General Motors all posted better-than-expected earnings. Shares of UPS and GM rose in early trading, but 3M dipped 1.6%. Coca-Cola also reported stronger-than-forecast earnings, sending the stock up 1%. So far this season, companies have proven they may be faring better than anticipated.
Up Up Up UBS and other companies begin a $5 billion share buyback.
We can found a technical figure Triangle in the Swiss company UBS Group AG (UBSG.vx) on a daily chart. UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. The Triangle has broken through the...
NYSE:UBS Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%. * Insane option activity, 6M$ Call options, 197 Relative Volume
Unfortunate week for oil buyers. Following the news about a possible increase in supply and weak demand growth in the future, as well as Morgan Stanley's forecasts about a 25-30% reduction in market prices. Another disappointing news. The agency’s World Energy Outlook (WEO), published that oil demand peaks within the next 10 years. Recall that this week Saudi...
The Swiss Franc currency index is currently moving in a series of lower highs and lower lows, characteristic of a downtrend. The price is clearly moving downwards with brief correctional pauses as shown by the ascending wedges and bear flag chart patterns. I am targeting a short trade toward the 97.8 area, which will be my profit taking zone. This area represents...
Enough has been said about this trade. Let's jump in now!!! ENTRY: 108.905 STOP LOSS: 109.308 TAKE PROFIT: 107.880 (Check my previous analysis/post on my profile)
There is what appears to be a converging golden cross on day candles, the Stochastic RSI and Stochastic are both primed to shoot upward on day candles, The RSI is smack in the middle so its also in a perfect place for incoming growth. the only thing that is questionable is the MACd. The 0.38 per share monthly makes this a keeper anyway, but I think a long call on...