DEUTSCHE BANK - NEXT STOP 10 EURO Short

DEUTSCHE BANK AG NA O.N.XETR

Description

⋅ Apr 28, 2018 7:16 AM

Hello Guys,

as suggested many times, this bank is in a big trouble. It is the one of the worst banks in Europe, if not the worst one.

It is still surviving only because of politicians, but there is no future for this bank, like it is now.

That said, Weekly chart is quite clear, direction is still down! Bearish forces are controlling the stock. Ad suggested, I was expecting a technical

rebound till 12.30/12.50, to see then the stock down again. I was right even this time.

Now, we can short this stock till 10.00 / 10.20 with high confidence.

Thank you guys,

See you with new trading ideas

Simone

Trade active

⋅ May 19, 2018 6:16 AM

Hello Guys,

trade is moving on our direction. Keep on it, till target will be reached ( soon )

Comments

ChristosRammos

⋅ May 27, 2018 7:44 AM

Can it make a rebound from 10.20 to 13.00-13.50 next?

SimoneSiesto

⋅ Jun 2, 2018 1:12 PM

@ChristosRammos, I would not chase Deutsche Bank...it is dangerous...but let me check...I need to analyze the chart again and I will be back to you or I will post a new update abt Deutsche...in any case stay aside as much as you can from this bank...it is the worst bank in Europe..... so better shorting than going long....obviously when conditions are optimal.....