After announcing that Deutche is proposed to buy back $5,4 billion in it's own debt, the stock has risen after reaching new low levels through the past week.
Breaking up this trendline that formed of this stock plunge and the break out of the 23.6 level of fibonnaci can give us a long opportunity from 15.4 to 16 - 16.5 - 16.7 with stop of the movement at 14.8 .
Although, having bad economic announcements in the GDP of Japan and the Trade balance in China that would lead to plunging Asian markets after this 1-week holiday can dealy this movement putting the whole market of EU and US at an official bear market.
Breaking up this trendline that formed of this stock plunge and the break out of the 23.6 level of fibonnaci can give us a long opportunity from 15.4 to 16 - 16.5 - 16.7 with stop of the movement at 14.8 .
Although, having bad economic announcements in the GDP of Japan and the Trade balance in China that would lead to plunging Asian markets after this 1-week holiday can dealy this movement putting the whole market of EU and US at an official bear market.