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Danske

Adding Danske Bank to my investment portfolio 🏦Danske Bank's reputation has been under a lot of pressure because of accusations of money laundry. But as we all know; banks don't have to serve justice and this will most likely not have any real consequenses for DB. The combination of a selloff because of bad reputation and huge growth opportunities in growth stocks, I find Danske Bank to be undervalued. I am adding this to my long term investment portfolio by dollar cost averaging in a position, throughout the range I've marked on the chart as a buy zone.
OMXCOP:DANSKELong
by kaspertrades
Down we go! but how fare ? Danish bank Trick code: Danish Danskebank is in decline and does not seem to stop 🧐 As you can see, all MA lines are negative and especially MA 200 and that means Danskebank is still in decline. RSI - is oversold and is about to have some new energy, however, it may well continue yet. MACD - is on a downtrend with negative momentum and has plenty of give of yet. Friday's trading day ended with a red candlestick with good momentum and landed right on the support line (it is not drawn in, but that's where the price is right now) and I do not take that as a positive sign for Monday, but it can also jump up from here, but I do not think so - we'll see. But where is it going? where should it find its next support: candlesticks / news / support lines who knows but I have drawn the next support lines into the chart where I can see it has the opportunity to turn - If it should come under the last support line, is it well on its way to all time low in 2009 "course 31" - But let's take one week at a time :) Hope you have a good Friday night 🍷 Trade with care 🙏
OMXCOP:DANSKELong
by SimpleinvestMarttin
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