Deutsche Bank AG
Updated

DB AG CHART

149
DB - AG chart share, The big trends are really clearly defined, but the micro trends are still developing. I like the volatility in the market which makes trading significantly more interesting. If I was looking to trade this, I would wait for the rejection to occur along the top side of the biggest trend.
Note
Doesn't look great for bulls on the trend break and retouch. I'd definitely lean towards the short side, However, don't forget about the strong support right at 6.45. A very steep downtrend on Monday/Tuesday could bounce off support and the trend exit for that is a big pump towards the upside, (probably 9-11 with a topside of 12)
Note
Watch for a "FALSE" pump/trap

Long term, I still like this stock at $6.49. If you see 11.5 and we hit that second pump up to $13-14, you'll want to check indicators and if they show short, BUY PUTS!

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