CS has been in a well structured Elliot wave downtrend for a long time now and it's starting to look like we're into the end of an ABC and into a new 5 wave decline. Another to add to the list of banks making my sketchy senses tingle. See linked.
Credit Suisse should reported all bad news about Grensill and the stock is now cheap. A rebounce till maybe 13 is more than possible, after the discussions end.
So it is actually a good buy.
Credit Suisse is a strong bank with ties all over the World. The past problems will be resolved while risk management will be tightened to give the bank a strong bullish outlook for some years to come.
The stock is in a strong and volatile bullish channel and should continue. This is a great opportunity to go long.
Credit Suisse is one of the most credible investment banks with various arms of business that has given them a phenomenal balance sheet. The recent Archegos implosion may put some clients on edge and although the bank has had to sell some hefty positions, it is expected that such a strong company will return. RSI has reset and bounced showing a reversal may be...
Mission:
The Credit Suisse Group purpose is at the core of everything we do. It underpins the value we create and has powered our progress for more than 160 years. It captures the essence of 'why' we exist as an organization. It motivates us when we come to work every day and serves as our North Star when we make decisions. Ultimately, it serves to define who we...
This is my first short analysis. CS is in a downtrend on increased volume on the Month, Week, and Daily View. The next support level is around $12. If it breaks through that, the next support is around $11, which matches the bottom trend line and timing for next week. Feedback appreciated. Still learning.
I've just finished reading through Moody's analysis of Friday's Fed stress test of banks. Honestly, a lot of it was over my head. However, from what I can tell, it looks like Credit Suisse may be the best positioned of the big banks to weather this crisis. In the Fed models, CS survived with more Tier 1 capital than any other bank, beating most of them by a wide...
We could bounce of the MA9 or the trend line (In yellow). I'm looking to buy the following calls:
CS calls 15 Jan 2021 $10 @ 1.00
calls 21 Jan 2022 $15 @ .25
Feel free to DM me if you want more plays
The debt based economy is here to stay. CS has an important role in the financial markets. So, their value will be increased as their strategy unfolds.
Gee, Imagine that, another European Insolvent Bank Walking…
Short Term, Credit Sleaze looks like it is working its way down to $8.
Long Term, Credit Fleas is projecting a massively negative valuations, complements of the massive pile of derivatives they like to play with…
When I pick financial stocks, I always look the highs of 2007-2008
in a past post I comment about leading companies in a Industry and lagging companies in the same Industry
For example in my past post: Bank vs. Cryptocurrency #14 (-COF-)
I comment: this stock now is trading above the 2007 highs this mean this is a leading company in this sector
And in this post,...
