Last Friday DE30 went up like a rocket. It is very possible to see some bounce back on Monday.
Deutsche Bank is now in the buying zone already announced last year. Not that I would be able to beat myself, I am not convinced of the sustainability of the business model here, especially with the steady negative interest rate, but you can see first reactions at € 5.80 in June and € 5.77 last week. Bullish Signals will come in my opinion only with a weekly and...
The "big" news over the weekend was widely expected, if you ask anyone outside of the core they will all know $DB is a screaming short. It has been for years and is going to be the Lehman equivalent of this business cycle. We have been selling DB for literally years, a broken system with everything thrown at it and nothing has been achieved. The backdrop is a...
Deutsche Bank is in the last phase of of a correction move. It seems to have finished wave B and wave C has begun. The primary target is around 11,9 but further rise is also possible.
Note: This is the monthly! Bottom or total collapse? Below the wedge should be ugly and could have effects on global markets.
Picking up some DB, 50% chance it explodes first ;) NO TEA LEAF ANALYSIS
Chart of a ~10 year-ish long trendline on DAX 30. Do trendlines mean anything? Maybe. Maybe not. CBK.DE MRK.DE HEI.DE ADS.DE IFX.DE DPW.DE ALV.DE BAS.DE SAP.DE BEI.DE LIN.DE SIE.DE DTE.DE MUV2.DE VOW3.DE BAYN.DE LHA.DE BMW.DE CON.DE DAI.DE HEN3.DE PSM.DE DB1.DE FRE.DE EOAN.DE VNA.DE FME.DE TKA.DE DBK.DE RWE.DE
Deutsche Bank has been in a long-term downtrend since May 2007 and is still in tact. A short backlash should, however, be taken into account and bring the shareprice again in the range of about 11 €, before the final low can be formed and the correction pattern will end with the 5 of the 5 of the C.
Looks like it is as low as it can go. Just posting for myself for learning purposes.
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Hello Guys, as suggested many times, this bank is in a big trouble. It is the one of the worst banks in Europe, if not the worst one. It is still surviving only because of politicians, but there is no future for this bank, like it is now. That said, Weekly chart is quite clear, direction is still down! Bearish forces are controlling the stock. Ad suggested, I...
I normally dont like to bother you with highly speculative small caps i invest in, but this chart is just a beauty i had to post. This german small cap is about to rip higher in my opinion. Fundamentally its extremly undervalued, i encourage you to do some research on Deutsche Rohstoff AG. The chart is also screaming for an imminent breakout higher. Shortterm i...
It seems that they are finally approaching the border of the underworld. Has been moving in a determined and strong way which makes me believe that in the next two months it will probably cross the barrier of 13.80. If so, it could be a very special year for Commerzbank. Best wishes to all!!
Definitely has to touch the support area, not only because the downtrend we have, but also for the importance and the attraction that generates a support cluster like that one. However, despite the need that seems to have to touch it, I do not think we have the strength to cross it, so a rebound is very possible. if it were to cross, the next important support is...
I think DB is fundamentally one of the weakest DAX stocks. Notice DAX opened today with a 150 point up-gap, but DB is opening at the same level - no demand for this stock. Selling is the way to go, plus we can see from a chart technical perspective that there is still much room to the downside to be filled. This is a beautiful corrective small uptrend in a large...
I really like this stock, and i think we could easily see a 20% rally in the coming weeks. I already bought it some time ago at 22.35 and my emergency stop is currently slightly below 20, i will probably close the position if we break the 22.00 level and dont show signs of a strong reversal. In my eyes 22.00 is a key level if we break it and stay below it, there...