Looks like MA (50) and MA(200) are not in correct buy position. The dorection is perfect for buy. MACD and RSI are on downward trend., but what do you guys think?
New long trade based on confirmed double bottom pattern.
CREDIT AGRICOLE les objectifs de la sortie du triangle matchent avec les hauts des canaux.
Target 9.80 Also you can short Societe Generale, Natixis... Or Reits like Societe Fonciere
Related to the reflation theme described in my view "Crude Oil: The Most Important Chart in the World". European banks trade at a 60% discount to the market (only seen during crises of 2008 and 2012) and represent a 'value' play amidst the prospect of higher rates resulting from the reflation theme. European stocks also trade at 'crisis lows' versus...