Blamed for money laundering on an astronomical scale. For a while now. Will it blow over? Russian gold has always been a temptation in these parts and it's probably already moving through different channels at the same (or higher) volumes : )
Danske does not look investible at all, declining volume and descending stock price points to a trip south. I'd say next stop is around 105DKK
Keep in mind weekly didn't close yet, still watching for this going into next week.
On the weekly chart, after a long uptrend in 5 Waves a correction phase started.
It is unfolding as a deep move down affected by the negative psychology of investors due to the news in Estonia.
Looking at the chart I expect a reaction soon and then a last drop in order to end this down period.
Long term Momentum has reached extremely oversold levels.