Friday, July 20, 2012

Deutsche Bank:The risk remains

The largest two U.S. banks lost hard yesterday,a bad sign for the stock today.:(

I suggest to stay careful,the quotes are likely coming back next week before gaining further,the DAX is far in the overbought sector as well.

While digesting this conditions the stock did drop through the support marks on Friday and lost more than four % while the DAX closed 1.9% lower.

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