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novrain
Sep 30, 2016 1:03 PM

Today's DB VS last year's GLEN Long

Deutsche Bank AGNYSE

Description

It looks bad news for DB is everywhere. We can see DB's big drop with large volume yesterday. However, its close price is still above 11. Compared with GLEN's big day on 28/09/2015, it looks large volume at low price zone is not bad news. It is impossible for the professionals to short DB from here, then who are the buyers?

Of course, there is a big risk to purchase DB now as there is no significant reverse signal based on the chat. The good choice is to wait for a double bottom. But, I still want to try now with a small amount, with stop at 11.

Comment

Take partly profit
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