d.vezeris
Short

Deutsche Bank AG Weekly (22/2014) Chart Technical Analysis

NYSE:DB   DEUTSCHE BANK AG
144 0 0
The Deutsche Bank ( DB             ) weekly chart shows the following signs:

DB             failured to overcome the asceding triangle and it crossed down the KUMO cloud. Technicaly RSI and MACD are both in bearish signal. and OBV is decreasing.
According to the above and with the reputation of the impending share capital increase I beleive that the downtrend is still valid specially if it loses the $40.35 support level .
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