Deutsche Bank with monster turnaround candle

Deutsche Bank traded heavily into the close on Friday, with a strong rejection from a trend-line as seen on the daily chart. A 16% up day raises doubts over a sudden death of the banking giant. Be it political help or simply an end to bear speculation in the stock, who knows. But this is the kind of reaction that can trigger turnarounds. We will see if price can follow through next week.




*All ideas presented here are my personal opinions and not investment advice. Take responsibility for your own risks!

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