German readers, check out the wave count on Deutsche Bank [DB]

When bad news comes after an already extended pullback, you have to wonder if it is marking a significant bottom in the shares.  I copied this graphic from a recent story that was lamenting the state of Germany's largest bank and added my wave count.  I think the shares will bottom in the $10-$12 USD range and then see a massive and rapid move back up to $18.  Said again, that could be as much as an 80% gain for those who know how the Elliott wave principle works.