Trading Idea - #UBS

١٨ أبريل ٢٠٢٣

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%)