DEUTSCHE BANK AG NA O.N.
Long

Deutsche Bank - a promising setup

90
Despite all the bad news, the stock of Deutsche Bank rebounded at last from its lows and presents now an promising technical analysis setup.
Positive Volumes (in green) became interesting.
I expect soon some profit taking which will be an opportunity to buy more stocks or use Call options.
The German Bank with a new boss will continue its restructuring.
Lots of cost cutting has already been made but this is not enough. The major departments of the bank must generate more income.
Finally I believe that the bank will continue its expansion through some M&A that will add value to the group.
The rest of the year will most probably be very interesting for the bank.

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