Despite all the bad news, the stock of Deutsche Bank rebounded at last from its lows and presents now an promising technical analysis setup.
Positive Volumes (in green) became interesting.
I expect soon some profit taking which will be an opportunity to buy more stocks or use Call options.
The German Bank with a new boss will continue its restructuring.
Lots of cost cutting has already been made but this is not enough. The major departments of the bank must generate more income.
Finally I believe that the bank will continue its expansion through some M&A that will add value to the group.
The rest of the year will most probably be very interesting for the bank.
Positive Volumes (in green) became interesting.
I expect soon some profit taking which will be an opportunity to buy more stocks or use Call options.
The German Bank with a new boss will continue its restructuring.
Lots of cost cutting has already been made but this is not enough. The major departments of the bank must generate more income.
Finally I believe that the bank will continue its expansion through some M&A that will add value to the group.
The rest of the year will most probably be very interesting for the bank.