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Deutsche Bank Daily Technical Analysis | 27 October 2017

2017-10-27 08:41 am | Resource: Technical Analysis Section | No Views : 328

Deutsche Bank is trading in a bullish direction over the 4-hour interval, and the SME and Slow Moving Average are positively cross-selling, supporting the "stockholders" buyers.

Deutsche Bank Daily Technical Analysis | 27 October 2017

The stock failed to breach the resistance level of 14.77 due to weakness of the buyers' resolve, which led the stock to fall towards 14.12 levels.
Momentum The rate of change in trend The bullish trend line broke during yesterday's trading, which signals the risk of breaking the European stock of the rising trend line.
It is expected that if the stock breaks 14.14 to target 13.50 and 14.77 on the other side, the stock might move towards 15.53
Support: 14.14 - 13.95 - 13.50
Resistance: 14.77 15.53
Trend: Down
 


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