astroobserver

DB, farts lower

astroobserver Updated   
NYSE:DB   Deutsche Bank AG
Green is resistance, maybe the last resistance. Thin Blue was the goal. Solid yellow is the new trend.

Systemically important Bank, in a potentially unrevealing EU.
Comment:
DB Jag drooped some more. Not good. Green is support. We hope.

Is the current rate of decline to steep? its been steep before.

Resistance is two Days Twenty hours out, at $7.62 6.37% down .

The caveat is that prior contact with resistance has cured at a shallower incidence angle. Is it mechanics? maybe. Is it economics? is it politics? is it unrevealing.

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