The Danske Bank has broken out of its descending channel. This mean, very soon, it is going to run up very hard. I would buy as much as I can. Life changing money ahead.
This is Denmarks biggest bank, and i know they have been through alot of shitstorms, but i think that we will within a few years see this going back to 250kr.
eyes on 9.53 are and lot of patience there , if PA rejects it ( may take weeks and weeks ) then we dive again and break green corridor down . Atm we are in sweet investment opp zone .
Blamed for money laundering on an astronomical scale. For a while now. Will it blow over? Russian gold has always been a temptation in these parts and it's probably already moving through different channels at the same (or higher) volumes : )
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.
On the weekly chart, after a long uptrend in 5 Waves a correction phase started.
It is unfolding as a deep move down affected by the negative psychology of investors due to the news in Estonia.
Looking at the chart I expect a reaction soon and then a last drop in order to end this down period.
Long term Momentum has reached extremely oversold levels.
During that...
