It looks bad news for DB is everywhere. We can see DB's big drop with large volume yesterday. However, its close price is still above 11. Compared with GLEN's big day on 28/09/2015, it looks large volume at low price zone is not bad news. It is impossible for the professionals to short DB from here, then who are the buyers?
Of course, there is a big risk to purchase DB now as there is no significant reverse signal based on the chat. The good choice is to wait for a double bottom. But, I still want to try now with a small amount, with stop at 11.
Of course, there is a big risk to purchase DB now as there is no significant reverse signal based on the chat. The good choice is to wait for a double bottom. But, I still want to try now with a small amount, with stop at 11.
Note
Take partly profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.