StefanBode

Deutsche - Bottom not yet reached

Short
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XETR:DBK   DEUTSCHE BANK AG NA O.N
Deutsche Bank has been in a long-term downtrend since May 2007 and is still in tact. A short backlash should, however, be taken into account and bring the shareprice again in the range of about 11 , before the final low can be formed and the correction pattern will end with the 5 of the 5 of the C.
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A nice 11% Gain the last 4 Days. Here my update:
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Possible Count 2:
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Count 1: Targetarea Wave 5 of 5 of C in Feb. 2019 = 4 - 8 Euro

Count 2: Targetarea Wave b of c in Feb. 2019 = 14 - 18 Euro
Targetarea Wave 5 of c in Feb. 2020 = 6 - 11 Euro

Update Count 1:
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Is the Low coming?
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I am not allowed to consult here, this is reserved for your personal investment advisor or bank. From my point of view, there is still a new low as I recorded it in the chart. And even if the ground is already in, it is always advisable to wait for the first impulse (12345) and to build up its position in the subsequent return (abc-correction) (BUY).
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