Growth potential for Credit Suisse, that is currently trading at the lowest ever reached.
CS quite likely hit bottom and is slowly crawling out of the hole.
Mismanagement hit the company in the recent years and the recent (few days ago) reshuffle at the top of its Investment Banking division is yet another step for the company to seek a way out of the current situation.
Two important levels are to be monitored in my opinion.
3.40 and 3.80 are two levels to keep in mind as strong resistances to break in order to see a real bull run.
*** This Content is for educational and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. ***
CS quite likely hit bottom and is slowly crawling out of the hole.
Mismanagement hit the company in the recent years and the recent (few days ago) reshuffle at the top of its Investment Banking division is yet another step for the company to seek a way out of the current situation.
Two important levels are to be monitored in my opinion.
3.40 and 3.80 are two levels to keep in mind as strong resistances to break in order to see a real bull run.
*** This Content is for educational and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. ***