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Deutsche Bank Daily Technical Analysis | 17 November 2017

2017-11-17 10:58 am | Resource: Technical Analysis Section | No Views : 314

Deutsche Bank broke through the 4-hour uptrend line, retested and succeeded in stabilizing above, and the German stock broke through 15.66 Euro during yesterday's trading.

 Deutsche Bank Daily Technical Analysis | 17 November 2017

The Germany bank is trading in a bullish direction, the simple moving average and the slow moving average are still in a positive cross.
The MACD cross is positive and buyers are still gaining momentum.
It is expected that if the German stock is breached at 16.16 Euro, it might target the 16.90 level on the other side.
Support: 15.66 - 14.87 - 14.28
Resistance: 16.16 - 16.65 - 17.49
trend: Up

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