DB failed to break its previous day's high on friday which leads me to believe that in the following week it should head south towards $13.8. Still don't expect major downside movement as many institutions stand by DB ready to support it and we currently sit at atl for DB. At this point you could trade DB as a "too big to fail" institution and ride the stock up to $15.5 but the timing must be impecable.
Handel aktiv:
Benefited from the gap and sold at open, waiting for later today to get some more short for tomorrow.
Trade stängt manuellt:
I will be the first one to admit it. After that huge pop, the stress was too much. Exited my position for a 5k profit. I will re-enter tomorrow after news.
Kommentera:
the previous comment is irrelevant to DB and trading it, sorry.
Handel aktiv:
If DB breaks resistance I am out and probably long.
Kommentera:
After all DB hit my initial target but really delayed.