Is Danske trending back up?
As we can see on the following chart, 
DANSKE is moving in a textbook ascending triangle. If this plays out we may have a perfect cup and handle in the making boys and girls, meaning that a clear uptrend indeed is in the making from a TA aspect. Due to all the other aspects DANSKE may indeed still be in trouble due to the money laundering and other recent bad news. But is this already priced in? We've already had a 60-70% retrace since the shit hit the fan.
TheDANSKE is a LONG ticket for me.
Happy trading!
DANSKE is moving in a textbook ascending triangle. If this plays out we may have a perfect cup and handle in the making boys and girls, meaning that a clear uptrend indeed is in the making from a TA aspect. Due to all the other aspects DANSKE may indeed still be in trouble due to the money laundering and other recent bad news. But is this already priced in? We've already had a 60-70% retrace since the shit hit the fan. The
DANSKE is a LONG ticket for me.Happy trading!
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