Danske Bank's reputation has been under a lot of pressure because of accusations of money laundry. But as we all know; banks don't have to serve justice and this will most likely not have any real consequenses for DB. The combination of a selloff because of bad reputation and huge growth opportunities in growth stocks, I find Danske Bank to be undervalued. I am...
Danish bank Trick code: Danish Danskebank is in decline and does not seem to stop 🧐 As you can see, all MA lines are negative and especially MA 200 and that means Danskebank is still in decline. RSI - is oversold and is about to have some new energy, however, it may well continue yet. MACD - is on a downtrend with negative momentum and has plenty of give of...
Danske does not look investible at all, declining volume and descending stock price points to a trip south. I'd say next stop is around 105DKK Keep in mind weekly didn't close yet, still watching for this going into next week.
Good opportunity to have a swing trade at DANSKE and also a good hold for better profit. have been testing support around 120 for some time