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The Ugly Truth About Deutsche Bank's Stock Chart

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Published on Jun 19, 2019

The Deutsche Bank (NYSE:DB) stock chart since 2012 includes many examples (at least 23) of magical V shaped recoveries where the stock price was literally a falling knife and some buyer still came in and bought the shares to try and paint the tape to produce a share price recovery.

However, since 2014 the share price has been in a very clear downtrend with lower highs on rallies and rallies do not last for long. The last major rally in the share price was from 9/22/2016 through 1/22/2018.

Coincidentally, the rally started almost immediately after Deutsche Bank was initially going to be fined $14 billion dollars from the US Department of Justice (DOJ) for the bank's role in selling fraudulent mortgage backed securities. However, after begging and pleading about the fines being too large and it potentially bankrupting the bank, the fine was lowered. https://www.theguardian.com/business/...

Still after 1/22/2018 it seems that shares of Deutsche Bank have entered a terminal velocity phase with all rallies being shorter in duration and weaker in size and share price rally.

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