RBS potential to reach 99$ price areaFor your long swing account. You will have many opportunities to add more to the trade so still once reaching 1:1-or-more ratio remember to consider taking profits to remove your risk.
RBS
Bullish European Banks RBSI believe inflation is about to rip through the EU and push yields higher, breathing new life into the banking sector. For more information please read: klendathucapitalist.com
Royal Bank of Scotland is next be hit with a hefty US settlement"...Its progress with the DoJ is particularly important to Royal Bank of Scotland, because the British lender is also expected to be hit with a hefty US settlement . RBS posts third-quarter results tomorrow but is not expected to give a substantial update on its DoJ talks because they are not thought to be at an advanced stage ..."
27 OCTOBER 2016 • 2:33PM
Source: www.telegraph.co.uk
Possibly a very good place and time to plan a short position - technically and fundamentally.
RBS – Poised for bearish breakDaily chart pattern – Bearish breakout from rising wedge
Failure to hold above 50-DMA if followed by bearish break from rising wedge on day end closing basis coupled with daily RSI breaching rising trend line and falling money flow index would signal a sell-off to 173.80 (Aug 5 low).
On the higher side, only day end close above 50-DMA would signal bearish invalidation.
RBS – Bearish break likelyDaily chart pattern – Rising trend line is being put to test
Daily RSI breaching the rising trend line
Daily money flow index diverged from price chart
Overall, prices appear on track to breach rising trend line support on day end closing basis.
Such a move would add credence to failure to sustain above 38.2% Fibo level of 189.31 and bearish money flow divergence and thus would open doors for 173.68 (23.6% Fibo level).
On the higher side, we need a convincing break above 196.60 (July 21 high) to signal bearish invalidation.
DSKX Begins To Rally After The Conference CallShares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products.
It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company, so if you haven't already, I highly encourage you to listen to today's conference call as soon as possible. Much larger company structure overall, significant increase in revenue, assets, cash flow and working capital with a very reputable management team to move the company forward. The fact that the current market cap is only 33M is what really gets me excited. Listen to the call to learn more:
The replay of the conference call can be heard by dialing 1-888-286-8010 in the United States and Canada or +1-617-801-6888 internationally, then referencing the Conference Passcode "56187013" A recording of the call can also be heard on the company website.
In the call, the DS Healthcare Group management team shared their motivations and answered questions relating to the business fundamentals on the Radiancy & Neova® deal, explaining how natural strategy alignment and synergies will lead to significant bottom line contribution.
The call was hosted by Mark Brockelman (CFO), Manny Gonzeles (CCO) and Renee Barch-Niles (CEO) and took place on Thursday, February 25th, 2016, at 8:30 a.m. EST.
-Renee Barch-Niles (CEO), an experienced CPG Executive who drove double-digit year-over-year growth in global food, drug, mass, club and specialty channels for Global companies such as Daymon Worldwide and Emilia Personal Care.
-Mark Brockelman (CFO) who has great experience in mergers and acquisitions, systems integration expertise and highly astute financial acumen. Mr. Brockelman Brockelman served as the Chief Financial Officer for National Dentex Corporation as well as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins.
-Manny Gonzalez (CCO), a former top (NASDAQ: PG) Procter & Gamble executive managing a team of 7,000 sales representatives in the U.S., who has direct access to every major retailer in the country.
Acquisition Press Release Below:
finance.yahoo.com
For full disclose please visit: www.stockpicksnyc.com
ROYAL BANK OF SCOTLAND PLC (RBS) SellSelling side is indicated by the major trend of ROYAL BANK OF SCOTLAND PLC(RBS). Support level is 350, if it goes down this level then selling position can be created. In this case Target level will be 345.20 and Stop-loss of 353.50
CHART FORMATION:-
Stock is trading in a range and breaking its neckline will lead to downside movement. Stock is trading below the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 45.55 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
