Hello,
This is our time to shine my bear bros! I waited for this moment my whole life! I constantly wait for the moment to make money while others suffer.
If you have been in this game for more than 6 months you know that Credit Suisse is a losing story.
No one wants to buy this dead bank. And even people "on its side" have targets way below where the price is...
Is this stock really heading to bankrupcy? Maybe. It looks like that's the case from a technical analysis perspective. The stock's price has been dropping consistently over the years dating all the way back to 2014. As of today, on Tuesday April 18, 2023, the stock's price is at $0.92 ....less than a dollar. This is the first time the stock has dipped below $1....
In my personal opinion, if Credit Suisse does not grow from these areas, it will lose all hope
This trading setup is risky but has an attractive risk to reward.
At the bottom of a channel.. looks quite possibly that we could see a large bounce there. It is quite literally the only bank stock that I've seen that looks good to me.
Hello, guys!
Today I share a strategy I discovered in 2017 when doing comprehensive Fibonacci research!
Everything in this world starts from 0, so we also use that rule in markets!
Hope you find this educational and stay sharp!!
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,...
I don't love the idea of making grandiose predictions; I prefer to see everything in ranges of probability.
That being said, the few simple tools I have added to this chart seem to have rather negative implications.
There may be other price levels that are noteworthy, but I see the psychological levels of $10 and $3 having importance here.
$6.50 as a previous...
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
Banks restructure the debt of stressed corporations every day, not out of philanthropy but out of enlightened self-interest.
But the problem was that, now that we had accepted the EU–IMF bailout, we were no longer dealing with banks but with politicians who had lied to their parliaments to convince them to relieve the banks of Greece’s debt and take it on...
CS is approaching some important areas in terms of trend.
Given it's failure to fail amidst the FUD of insolvency, restructuring, etc, the fundamental probability of some kind of mean reversion to major MAs is increasing.
Walking outside of the yellow down trend line would be a bullish signal for a mean reversion to occur.
Continuing along the path of the green...
Growth potential for Credit Suisse, that is currently trading at the lowest ever reached.
CS quite likely hit bottom and is slowly crawling out of the hole.
Mismanagement hit the company in the recent years and the recent (few days ago) reshuffle at the top of its Investment Banking division is yet another step for the company to seek a way out of the current...
Today's research note is rather pointed and short. The function of these notes is to provide a little depth and context for an event or environment in the world, primarily focused on Financial markets, and there is a particular subsection of shoddy securities regulations that deserves a moment of reflection. Credit Suisse is a Foreign Private Issuer on the New...
We drew attention to the CS Elliot formation when we were at 11. Now we're at 3 and the EWs have been very consistent all the way down.
No bueno for CS.
