Polymarket says that there's only a 5% chance for Credit Suisse to go bankrupt before the end of the year. Traders have greatly overestimated this risk and think it is much higher. This has pushed the stock to an attractive valuation.
On top of this, there has recently been a Scam Bottom pattern, which shows us that market manipulators are probably long and are likely to push prices higher.
On top of this, there has recently been a Scam Bottom pattern, which shows us that market manipulators are probably long and are likely to push prices higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.