DB Channeling down to 5.00 until 2022 should lead to a general reversal, possibly getting along with the upcoming recession's general bottom.
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€
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...
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 $100! The only certainty is that public investors will be the ones holding the bag! Don't be a sucker - stay out of this toxic mess! The dumps and short squeezes will be legendary - and prices will be nonsensical for sure! They'll even hold...
Never seen worse OBV and A/D. I'm expect one to two month gentle up movement before it will tank to finally enter accumulation zone. However other banks perspective doesnt look much better but on higher level. #bankstankhard
We have a standard falling wedge pattern like on BTC/USD chart. Also we have a strong divergence with MACD indicator and volume rising. The stock after a great fall and now is located near its bottom. LONG TERM TRADE(month chart). And the first target is x2 of it price => 20$. I will update the idea. Good Luck!
Bullish Batterfly - Aggressive entry Or wait for confirmation first with a close above 11$
You ever see Weekend at Bernie’s? A lot of parallels here in that the ECB has found DB involved in all kinds of financial fraud, but after arriving in Draghi’s Ctrl-P Party in Paradise, the ECB finds Doobie Banks lifeless body. To the ECB’s amazement, the guest are too engrossed in their partying to notice the bank is dead, with the dopey grin from a fatal...
Past support becomes resistance. www.bloomberg.com
Deutsche Bank still long Stop Profit at 10 Euros just in case...
Deutsche Bank today i get a long position... lets see
A short look at the Deutsche Bank Stock on the NYSE. We see that they are heading to new lows, at this rate they are really steal atm. Targets set around VWAP and Resistances.
DB may face another decline. German Deutsche Bank AG. there were better times in exchange rates as well. Last week, he left his biggest shareholder. The exchange rate is expected in the coming days. Thereafter, we expect a larger downward wave, with a target price of 6.17 usd.
- Not much to say about this Bank, except to state the obvious, it has been battered over the last few years - Will allocate long - I am looking for pull-backs to enter on(might change, depending on price action) - Time horizon for this allocation is medium term The counter - I like the talk of the 'new' `CEO, however talk is cheap, action is not.
Picking up some DB, 50% chance it explodes first ;) NO TEA LEAF ANALYSIS
Dead Cat Bounce Or Bullish Reversal * Net Inflows Way Down * Net Outflows Way Up * 1 Time Tax Credit Bump * Massive Share Buy backs * Massive Layoffs * Ridicules Derivatives Book So Yeah.... UMMMM