Challenge to multi-year Overhead supply, run by non-commercial traders.
According to many colleagues usually, this behavior encourages retailers to take the trade but in reality fails as it is run late.
Therefore, I personally think that at some point European banks as a whole are to outperform.
The share price has been 37 weeks on a lateral trend. It seems the bulls are gaining momentum and a visit to the €7.95 level is more than likely. A strong support can be found in 7€. I am LONG. Targets at: €7.95, €8.28 and a final €9.35.
Good luck fellow traders