Germany: Deutsche Bank shares price prepares to decline – Analysis – 8-8-2019

2019-08-08 09:09:35 GMT (Economies.com)
 

Deutsche price ended its sideways fluctuation by providing a new negative close below the initial resistance at 9.32, to keep its main stability within the bearish channel levels that appear in the above image.

 

Stochastic surpass to the overbought level confirms getting rid of the positive pressures, to increase the chances for gathering the negative momentum again, to ease the price mission to reach to the negative stations that are represented by 5.60 level reaching to the critical support at 4.00.

 

The expected trading range for today is between 7.30 and 5.60

 

The expected trend for today: Bearish

 

 

 
 
 
  Symbol Last Change Chg.%
1.1132
0.0000
0.0012%
1.3344
0.0004
0.0300%
Tadawul
8049.50
43.73
0.55%
16.940
0.368
2.221%
59.797
0.686
1.161%
65.22
1.02
1.59%
1475.445
15.600
1.069%
 
 
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