With all of the turmoil in the financial market today (see Citigroup and UBS), one may have missed the fact that Credit Suisse announced that it remained profitable during the third quarter. However, the company did note that its investment banking result has been impacted by recent market turmoil. CS did state that there is no indication that its net profit from continuing operations will be outside of a 20% range above or below 1.3 billion Swiss francs.
Investors seem heartened by this news, as CS is currently 2.5% higher on the day, but it continues to fight overhead resistance at the 68 level. The stock hasn't finished a day above this level since the beginning of August, and it seems that the shares may need a boost to eclipse this level today. Said boost will more than likely not come from CS's sentiment picture, as options players are decidedly bullish, there is little chance for a short-covering rally, and all 6 analysts rate it a hold or better. It seems that the technical performance is on its own.