$DB - Deutsche Bank is now ready to move lower towards the 2019-03-22 cycle low point on Friday next week with the rest of the equity markets.
Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29
I have read an article today about the possible merger between Commerzbank and Deutsche Bank, few people seem to be reading up on it! Very soon we will hear about how EU banks are a zero and Deutsche will be the first to collapse. A backdoor bailout is likely to change that.
The fundamental analysis of this is fairly easy. Mergers are good for stocks. Why? Because it usually means increasing profitability. Why? Because it oftentimes leads to reducing inefficiencies and eliminating two teams that could be consolidated into one whether its with commercial banks, foreign exchange desks, etc. This merger would lead to the cutting of...
View On DBS (14 Feb 2019)
We have been busy since last Jan on DBS and Bank stocks are in demand right now.
The shall rise up higher.
The first easy tgt is $25.10.
DYODD, all the best and read the disclaimer too.
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As the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade.
However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007...
LAS ACCIONES DE LA ENTIDAD BANCARIA PROXIMA A UN CAMBIO DE TENDENCIA, REPLICA QUE SE EXTENDERIA AL RESTO DEL SECTOR.
DESDE QUE POWELL , PRESIDENTE DE LA FED SALIERA EN DICIEMBRE CON UN MENSAJE RECONCILIADOR CON EL PRESIDENTE TRUMP CON RESPECTO AL TEMA SUBA DE TASAS DE INTERES, LOS MERCADOS ELABORARON UNA RECUPERACION CONTRATENDENCIAL, QUE PUDO HABER...
This is the real market risk, the most obvious contagion to date that will most likely cause the next financial crisis because of the amount of debt that the bank holds within the banking system when this stock moves down the market also follows.
Technically below that trendline and Deutsche Bank moves towards default and 0.11€
It's not exactly a secret! The ECB owns Deutsche Bank! And they can make the price anything they want it to be - $1 or $100!
The only certainty is that public investors will be the ones holding the bag! Don't be a sucker - stay out of this toxic mess! The dumps and short squeezes will be legendary - and prices will be nonsensical for sure! They'll even hold...
EURUSD is seemingly attracting demand around the 1.1300 double bottom area. The Median Line of this inside set is also tested here. If this area fails, sellers will target 1.1000-1.0800 for further downside. However there are good odds that this will get picked up here for at least a minor correction towards the 1.1475 area. Buying with stops below 1.1300 and...
Never seen worse OBV and A/D. I'm expect one to two month gentle up movement before it will tank to finally enter accumulation zone. However other banks perspective doesnt look much better but on higher level.