IamJeanPaul

Deutsche Bank is a textbook short

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IamJeanPaul Atualizado   
XETR:DBK   DEUTSCHE BANK AG NA O.N.
I think DB is fundamentally one of the weakest DAX stocks.
Notice DAX opened today with a 150 point up-gap, but DB is opening at the same level - no demand for this stock.
Selling is the way to go, plus we can see from a chart technical perspective that there is still much room to the downside to be filled.

This is a beautiful corrective small uptrend in a large downtrend, bears are breaking lower.
I am looking to short above 14€.

Blessings to you.
Trade fechado manualmente:
Traders i closed this position with a very small loss. I dont like the movement. Happy to pass on it.
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