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sykes
Jun 20, 2018 9:58 AM

DBK Correction Ending ? June 2018 

DEUTSCHE BANK AG NA O.N.XETR

Description

Looks like it is as low as it can go. Just posting for myself for learning purposes.

Comment

Daily View



Zoomed way out.

Comment

Will watch how this opens tomorrow.

Comments
eduardtgv
Soon Below 9
SimoneSiesto
@eduardtgv, Exactly!
sykes
@SimoneSiesto, Updated.
SimoneSiesto
@sykes, Firstly, thank you for this update. I am currently short on Deutsche Bank since the long term trend is bearish, with no doubts. That said, I will be headging and then going long ( 1/3 or 1/4 of my short position ) only when i will have some daily close at least +3-4 percent with increased volumes. I am not sure if it will happen on next days. Situation is getting worse for European banks and I am a bit concerned for next weeks and months. Technically, we are close to oversold area for RSI on daily chart and 4 hrs as well, which is a very bearish signal when a stock is moving in a trend ( when is moving in a range, an oversold RSI is a buy signal ).... therefore, I guess we might have a rebound, but before jumping into it, I wanna see strong daily closes. P.S. What;s the name of the indicator above MACD? thank you
sykes
@SimoneSiesto, Think it is this one. tradingview.com/script/4IYKX938-MACD-4C/ - this guy uses it has some videos around on divergence. youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q
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