Trading idea for Deutsche Bank AG (XETRA)

#DBK

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed.

Stop loss under the local minimum (9.100).

Target levels: 9.75; 10.08.