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#SaxoStrats - BMW slow down about to reverse?

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August 18, 2015 auto, auto company, auto group, auto industry, auto production, auto stocks, autodesk, automaker, automakers, automation, automotive, autoplay, autos, bmw, bmw ford, bmw results, bmw shares, eq, eq3, equities, equities 2014, equities 2015, equities in china, equities over valued, equities prices, equities saxo, equities strength, equities trade, equities trading, equities v bonds, equitiy, equity, equity analyst, equity bubble, equity clients, equity correction, equity decline, equity falls, equity index, equity market, equity market 2014, equity market 2015, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity risk premiums, equity strategy, equity trades, equity trading, equity us, equity valuation, equtiies, equtiy, german, german dax, german economic data, german economy, german elections, german exports, german gdp, german manufacturing, germaneconomy, germany, germany economy, germany gdp, saxo bank, stock market, stock trading, stocks, weq
Saxo Bank's Head of Equity Research Peter Garnry outlines his latest #SaxoStrats trade: a new tactical long position in BMW.

BMW stock has hit the brakes this year seeing an almost 30% fall in price mainly due to concerns about China's economy. However, Peter thinks the drop is overdone and could reverse thanks to an accelerated sales growth from zero to 15% in the past year. 

Parameters
Buy at the market with a trailing stop of €12.18 in steps of €1.22.