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SAB aims higher - High Prob Trade - 16.08.2019

Panjang
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BME:SAB   BANCO DE SABADELL
Dear all,

Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.

PROS:

- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds.
-Volume divergence is clear enough during this sell off.

STRATEGY

Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER) with stop loss (red line) and aim for a 10-11% target.

***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***

Dagangan aktif:
Trade still not activated. Buy limit is at 0.7964.

Regards,
Dagangan aktif:
Trade activated. Good luck
Dagangan ditutup: sasaran tercapai:
Target reached.

11.38% profit.

Regards.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.