Swisscom AGCHF exposure and a 4.00% dividend make this a hold. Support at 500 CHF seems quite important.
SCMN trade ideas
Swisscom reached an 8 month low.Part of my job is to identify peaks and bottoms. Then, I form a trading idea and devise a strategy. I always set my trading goal and my stop.
I don't fight the market but only embrace what comes my way.
Here you can see Swisscom AG has reached a bottom after 8 months and stayed flat. The market gave an indication that it might be moving up.
I took position. When it moved up and reached my target I exited.
