From an all-time high of 103.14 in May of 2007 to an all-time low of 10.19 (and close at 10.875) today (Thursday), Germany’s biggest bank continues its sink into the abyss, as shown on the Monthly chart of Deutsche Bank.
The 3 technical indicators shown on the following Daily chart are no longer supporting a slowdown of its downtrend (as I had reported in my post of February 8th)…rather, they are now suggesting a resumption and acceleration of a stock dump.
This bank stock is now sitting at a tiny fraction of its former value…systemic-risk or value stock? A picture is worth a thousand words…
