Trading Idea - #DeutscheBank
My trading idea for Deutsche Bank - Buy / LONG
Target: EUR 12.00 (+40% profit)
The recent valuation of the banking sector in Europe should lead to higher price targets across the industry.
Deutsche Bank should also be among the winners as rising interest rates create favourable business conditions.
From a chart perspective, the price of the Deutsche Bank share has broken the downward trend. The price is currently consolidating above the EUR 8.00 mark with a rising trend.
Target: EUR 12.00 (+40% profit)
The recent valuation of the banking sector in Europe should lead to higher price targets across the industry.
Deutsche Bank should also be among the winners as rising interest rates create favourable business conditions.
From a chart perspective, the price of the Deutsche Bank share has broken the downward trend. The price is currently consolidating above the EUR 8.00 mark with a rising trend.
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