FORM 2007 THE BANK SHARE PRICE IS GOING DOWN. Even though as per economist claiming US and global market has strong outlook but the HSBC bank didn't bounce anywhere near there. They may do some reverse split or government bailout (if any) but over the long run the stock price is saying that it will be ready to file bankruptcy by 2022 and onwards. The only hope...
DEUTCHE BANK DIDN'T BOUNCE MUCH AFTER 2007 CRISIS. It may do some reverse spilt like CITIBANK IN 2008-9 to prop up the share price and may some government bailout but in long term it will suffer a lot. All the hedge fund managers are piling up short position and share price may tumble below $4 soon. Upper limit resistance is around $20 for any upside bounce. The...
From 2007 the bank has been always in downtrend. With all those fines from different countries and the bad mortgage loans, HSBC is not able to come back up yet. Yes HSBC may do some reverse stock split like CITI GROUP did around 2008-9 but it didn't help them much to boost up the share prices.
After Angela Merkel announced she wouldn't bail out Deutsche Bank, everything tumbled. We need to set alerts in NAS100 and SPX500, at 4803 and 2137.1 respectively. If these prices aren't hit within the next 3 days, it might be a good opportunity to buy 'the dip' once more. After today's close I'll update the chart with more information. Individual stocks longs...
This potentially a very rewarding pair trade. You can enter shorts in Dax (either via CFDs or using the EWG etf) and longs in Nasdaq composite (CFDs or via the QQQ etf), risking 1 time the monthly average true range (but using no stop - the idea is merely to size the trade based on volatility). This is potentially a long term trade, and a good way of gaining short...
Basic Trends @ last week (based on 15 minutes) 12.01: (b) Resistance Line - maybe new downside pressure 11.74: (2) Resistance Line - maybe new downside pressure 11.68: (a) Resistance Line - maybe new downside pressure 11.42: (d) Resistance Line - maybe new downside pressure 11.37: (c) Support Line - maybe new upside potential 11.30: (3) Support Line - maybe new...
looks like a short term (double) bottom in. also bullish option activity for past week.
Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in...
DB has a quarterly 'Time at mode' downtrend active, that aims for 10.34 to be hit before July 2017. If you are a frequent 'Key hidden levels' chatroom user, and a subscriber to Tim West's indicator, you should be short DB from around $17, like we are. We are now trailing stops down, but adding an entry here isn't a bad idea at all. Risk a rally to 15.21, and...
The chart speaks for itself, we have a very clear downtrend here, after breaking below the key earning levels above after the 'Brexit' induced volatility spike. We can enter shorts for continuation here, and look for prices around the 70 handle, without being overly optimistic (or pessimistic on European banks). Price has to stay under today's high for this setup...
DB has already lost 40% of stock capitalization since the beginning of the year, it is at the lowest levels since 2000s and already lower than 2009. Save your money if you are a DB client! The party is about to start
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Rate chatter could continue to act as bullish catalyst for all banks. Deutsche Bank trades close to its 52 week low of 14.78, WELL under its book value. I think $DB presents the most appealing risk/reward out of all major banks. Going to set my stop under 52 week low let it ride. SL @14.5 TP @ 100/200 MA
Using experimental Magic 72 technique. Use the screenshot as a visual guide below to reajust the chart...
MACD divergence on daily and weekly. Strong support. Closed above the 100 SMA
My honest opinion is that one of the major mistakes globaly is that traders counter trend immidiately once price hits PRZ. Even with DT or DB you need some sort of comformation, at least break of DT/DB and wait for price to retrace back to the V bottom of DT structure or A top of DB. I found out that the best way to get comformation that trade has really changed...