Trade Idea – EDF

Long position in EDF (ISIN:  FR0010242511) opened on 24 February 2016 at EUR 9.32.

 

Key investment considerations:

  • one of the largest company in the depressed European power generation sector
  • recent extreme share price drop, 14d RSI is close to the oversold territory
  • significant dividend yield
  • potential recovery in electricity prices is the most important questionmark related to this investment