BNP Paribas SA is a France-based company engaged in the financial industry. The Company provides banking and financial services.
The Company operates in two divisions: Retail Banking and Services, and Corporate and Institutional Banking (CIB).
The Retail Banking and Services division includes retail banking networks and specialized financial services in France and abroad.
The Retail Banking and Services division is divided into Domestic Markets and International Financial Services.
Domestic Markets include French Retail Banking (FRB); BNL banca commerciale (BNL bc), Italian retail banking; Belgian Retail Banking (BRB), and Other Domestic Markets activities, including Luxembourg Retail Banking (LRB).
Its International Financial Services include Europe-Mediterranean, BancWest, Personal Finance, Insurance, and Wealth and Asset Management. CIB includes Corporate Banking, Global Markets and Securities Services.
It operates through Financiere des Paiements Electroniques SAS.
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bearish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bearish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we have started a bullish trade on BNP Paribas SA using Global Trading Strategy #3 on the Global Automated Trading System #3 which trade in the direction of the Global Daily Time Bars (GDTB).
Global Entry Signal For Trade #1: Buy @ $43.29
Global Trailing Stop Loss Trade #1: @ $39.58
Global Target Profit Trade #1 : @ $80.29
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
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This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.