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Massive bounce Back
Breakthrough negative trend
RSI still oversold
As I mentionned yesterday, the breakthrough is happening. The first negative trendline has been broken, now the first short term target is around €9,95.
As you can see, DBK bounced back on one of its lowest support levels.
It is massively oversold.
Its price is way too low.
It s moving towards breaking through the long term negative trendline.
DBK changed its strategy which might help them lower its cost and hence increase its profits.
It is a buy for me with a price target of ...