UBS EXTREMELY OVERSOLD! BUY BUY BUY+ This is a unique opportunity to buy one of the largest asset managers in the world at a very low price. With AI, they can reduce headcount in the coming years, while shilling their products to naive customers who still have high trust in this institution.
+ The stock is clearly oversold due to Retail Investors running for the exit
+ Volume is very low, this is not even a real capitulation
UBSG34 trade ideas
UBS offers a great trading opportunity (+10% returns)🟢 UBS offers a great trading opportunity (+10% returns)
UBS is offering today a 10% returns or more opportunity risking just 2% in the deal.
Furthermore, UBS has multiple patterns supporting this.
As a bonus point, I will explain how to do this trade RISK-FREE.
✅ What pattern is unfolding in UBS?
UBS formed few weeks ago a triangle as a continuation pattern.
After the break of the pattern UBS returned a 6% in 1 month .
Now we are in a pullback to the previous resistance level of the pattern, which is now a support.
Here, we have the chance to buy, use a tight stop loss under the support line of the previous triangle (green) and under the previous minimum done few days ago.
💰 How to trade this chart pattern?
Buy near the support green line with a tight stop loss, probably around 2%. You can potentially earn more than 10% if the pullback to the pattern works.
If the trade falls under the blue line, we will enter an important bear market in UBS, but if that happen you would have done a SL of 2% and you will be ready to trade a SHORT with a massive and fast return.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
- 50% of the position in a take profits as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 2% (see the chart)
- 50% of the position to a price as large as the previous pattern, which would mean a profit of 15 to 20%. Anyway, to increase our chances to arrive to the second TP, we recommend using a 10% take profits.
The second TP is less likely to happen, but as soon as the first one has been reached (extremely high probability), this becomes a RISK-FREE TRADE.
✴️ ENJOY AND FOLLOW for more 😊
UBS Group Downtrend Line Breakout At $29.41 14.08.2024Apply risk management
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BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
Disclaimer
UBS (UBSG): Too Big to Fail?Remember this analysis from over four months ago? We didn't place a limit order at that time (which is why it's greyed out), but if you followed our setup during the livestream back then, congratulations! The chart reacted beautifully at the desired level, just as we anticipated.
In my opinion, this is a great-looking chart, showing a strong reaction at a key level. I'm now looking for some long plays on UBS to gain some exposure to the Swiss market. UBS is a relatively safe stock, which is a good thing to have during phases of uncertainty.
The worst-case scenario would be a banking crash, but we believe UBS is still too big to fail. As long as it maintains this status, we like it. I'll send out a limit order once I find a good setup. For now, I wouldn't recommend any FOMO into this stock, as it could be a dead cat bounce, but we'll closely monitor it for you.
UBS Group (UBSG): A Golden Opportunity for Investors?UBS Group (UBSG): SIX:UBSG
Considering that Switzerland is one of the first European countries potentially associated with interest rate cuts, sectors across the board, including the banking sector and specifically UBS Group, become quite intriguing. We've had to adjust and modify our analysis due to a breakout to the upside, suggesting a further upward trend before concluding the overarching trend. Please pay close attention if you're following along. We posit that Wave 2 concluded at 13.87 CHF, placing us in Wave 3.
We anticipate the reemergence of subordinate Wave ((iv)), which, in this case, should find support between the 23.6% and 38.2% levels. Given that all previous Wave 4s in UBS Group's pattern have been short and swift, we expect a repetition of this pattern, suggesting no further significant drops. Should we indeed pivot at the 38.6% extension level of 28.55 CHF and begin to develop Wave ((v)), we will issue a limit order once we observe tangible weakness in the price action. If there's an additional climb, our zone will be accordingly adjusted upwards.
UBS GROUP (UBSG): From Accumulation to ActionUBS GROUP (UBSG): SIX:UBSG
The banking sector has experienced significant turbulence over the past years, which has not spared UBS Group from Switzerland. Please note, this analysis is presented in Swiss Francs, not dollars, as we're examining it from the Swiss stock exchange perspective. Unusually, we're delving into the monthly chart here, where it's evident that we've been in an accumulation phase since 2008, lasting about 15 years with no significant progress. This is the second time we've broken out, but the first time we're sustaining levels above this zone for an extended period.
Our analysis starts at the all-time low of 7 CHF (Swiss Francs), also coinciding with the COVID-19 low, from which we've seen a completed 5-wave cycle. If our foresight holds, we believe the peak at 26.55 CHF marks the top. Following this, we anticipate forming a Wave A, an overshooting Wave B, and then a Wave C that drops below Wave A for a Wave (2) correction. This correction is expected to retrace between 50% and 61.8%, aligning with the notion that Wave 2 often reaches the level of the subordinate Wave 4, situated right at or slightly below the 61.8% mark.
With the stop-loss set below these two potential outcomes and within the outlined blue support zone, we foresee a significant rise for Wave (3). This wave is typically the longest or at least not the shortest of the three impulse waves, leading us to anticipate a climb to at least 48 CHF. Our course of action is to wait, assess how the scenario unfolds, and potentially scale into positions earlier. This remains to be seen, and we'll continue monitoring and keep you updated on developments.
UBSGUBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.
Screener buy/long candidate.
"This Strategy Is Representing 3 Steps"What Did you learn from watching this video?
In this video we look at the rocket booster strategy
This strategy is representing 3 steps:
#1 - 50 EMA
#2- 200 EMA
#3- EMA Crossover
To learn more watch this video again
Disclaimer:This is not financial advice do your own research before you buy or sell anything in trading.
UBS Group AG - “UBS Group agrees $3.25bn rescue deal for rival Credit Suisse” reads the headlines. Time for Switzerland to bring out the bunting? Or was this one deal UBS should really have said no, not interested.
There are 10 days for the stock market to undo the largest bearish engulfing candle the monthly UBS Group chart has ever printed.
Notwithstanding the candle the highest recorded negative divergence with price action has printed. A record 9 oscillators have printed negative divergence with price action since records began.
Where is price action going? On the above monthly chart there is a projected 50% correction for share price following the rising wedge breakout and resistance confirmation.
On the 3-month chart below a Gravestone DOJI candle is printing. This really is the mother of all Gravestone DOJI candles. Why? For one it is printing under a continuation pattern following the 2007/8 banking crisis. The 2nd is the size of the candle itself, there is a huge amount of selling pressure under resistance. IF this candle confirms by the end of April, IF, then the UBS Group fails as an entity. Price action will fall to 1.90, Credit Suisse levels.
Ww
3-month chart
Sources:
www.ft.com
More Upside in UBS?Swiss financial giant UBS rallied to a 15-year high over the summer. Now it’s pulled back, and traders may look for more upside.
The first pattern on today’s chart is the bullish gap on August 11 after management voluntarily ended a government guarantee covering potential losses from its acquisition of Credit Suisse.
UBS rallied for the next month and hit its highest level since 2008 on August 31. It then stalled and worked its way lower through late October.
The pullback resulted in a falling trendline, but UBS broke that resistance in early November and has remained above it since.
The stock is now trying to fight back above its 50-day simple moving average. The 8-day exponential moving average (EMA) has also crossed above the 21-day EMA, a potentially bullish short-term signal.
MACD is also starting to turn higher.
Finally, lower inflation in the U.S. is boosting the Euro . Further weakness in the greenback could favor a global blue chip like UBS.
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Trading Idea - #UBSMy 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%)
How to spot an error in the database, UBS exampleHow can you spot an error in the database?
Well, if you see a very long wick and you cannot see that price in intraday timeframes, then it's just an error in the database.
Take into account that sometimes those long wicks were true, check out some of the flash crashes (you will see then in the intraday timeframes if they are still available online).
If you are using log scale, it will be very annoying so it will call your attention quickly.
If you are using indicators that use high or low as inputs, you will get crazy readings in those indicators.
Watch out!