This post was just published on ZYX Buy Change Alert. DB is long from an average price of $15.05.  As of this writing the stock is trading at $17.27.  35% of the full core position size is being held. ZYX Change Method calls for  booking some profits on a continuous basis and letting some profits run. Consider taking profits on a 10% tranche in the zone of $17.14 to $17.88.  Consider  stops on a 10% tranche in the zone of $16.63 to $16.73.  Consider stops on the remaining in the zone of $16.18 to $16.23.  The target zone remains $22 to $27.

This post was published on ZYX Buy Change Alert. DB is the largest German bank.  The bank has been crushed this year on rampant rumors of losses in its derivative portfolio.  These rumors have been vague.  In our analysis, there are certainly big losses on loans to Eastern European companies and in oil rich countries in Middle East and Africa; there is a high probability that losses are not as big as rumor mongers claim. There is credible information that the bank may start huge buybacks.  If the bank starts huge buybacks and the sentiment turns,  and there is a better