SaxoTV

#SaxoStrats - Buying United Internet

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United Internet is Germany's dominant internet company with around 90% of the domestic market. The firm is showing solid growth, expanding margins and strong price momentum according to Saxo Bank's Head of Equity Strategy Peter Garnry. 

In his latest #SaxoStrats video, Peter talks us through his trade and explains how he's using a trailing stop.  

Entry: Buy at market.
Stop: EUR 3.31 (trailing stop EUR 0.33).