DNB is trading in the bottom of a nice trading range. Potential for a low risk high reward long trade if price opens in the same area it closed on Friday. Stop-loss level just below support line.
Police in Norway will investigate the DNB country's biggest bank after it was reportedly used by an Icelandic fishing company to launder money that came partly from operations in Namibia.
dfvold
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@ediodka, I would be careful with the stock for now. I don't trade much based on fundamentals anyway, so you're asking the wrong guy. What I can say is that I don't believe DNB's top management has intentionally been involved in any wrongdoing. They may still get a fine of course, which would drive the stock price lower.