DNB HTF SHORTIn my opinion - DNB is about to give back most of its gains from its IPO. This high might be its cycle high, I think we have a pretty good chance to lose 60-80% of its current market cap within the next 12-18 months. I do think we can see the price go to somewhere between 50-70 nok. I'll most likely track this going forward. The next support in the small time frame picture should be about 186. If we see new highs here on DNB, I think it will be swiftly. There is major signs that we are about to put in a significant cycle high up here.
