Keytrader

Deutsche Bank ($DBK): Weekly - Fractal - Default Risk increasing

Penjualan
XETR:DBK   DEUTSCHE BANK AG NA O.N.
As the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade.

However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007 which will hit once the fractal from the period 2007-02-26 - 2008-11-17 is activated.

I remain a seller on Deutsche Bank ($DBK) till that target is hit.

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