Deutsche Bank: 2 targets hit, negative confirmation — discipline calls for caution

Deutsche Bank is at week 9 of a buy signal with a 7.6% gain from entry. 2 of the 3 statistical targets of our most advanced model have already been hit; the third is due by week 10. The confirmation week, however, closed bearish — and the model signals that the disciplined course of action is to exit the position. A concrete case where management matters as much as the entry.