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
Bearish Break out. Not good for deutsche bank's stock quotation...
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This is what it looks like when a whole bunch of countries have monetary polices centralized by one countries needs. Beg thy neighbor will be the theme of 2017 in Europe. Wait until Germany is forced to bail out Portugal, Spain and Greece DB goes to zero.
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
Previous pattern, Inverted Head and Shoulder, breakout was diverted by strong resistance around 36.70. Since the previous pattern busted, price has been coming down fast, we've already broke below the neckline support and are heading towards the previous low where the Head of the Inverted H&S stood at 27.85.
Double Bottom Possibility
To characterize as a...
DEUTSCHE BANK has been on the downtrend for last 15 years. Now a big opportunity to buy and sell Seven years from now! Buy @ around 114.8EUR and 115.6 EUR to take your investment to 8 times.
DB is trading right above its all-time lows. On the weekly a small double bottom has formed with strong bullish volume.
I will setup a trigger at 17.50 with a stop $14.00 and hold this one for a long time if the stock avoids getting stopped out
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do...
14 Days ago, with DB-3.59% at $18.02, I published a "Bearish Butterfly" formation I detected in Deutsche Bank. From Fibonacci extensions the downside projection was to $15.50 on or before April 12, 2016. Today (April 7th, 2016) DB-3.59% hit $15.54. I had positions in DB-3.59% Apr 15 2016 Puts, Strike Price of $20. I took profits because these puts expire in about...
