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 $100!
The only certainty is that public investors will be the ones holding the bag! Don't be a sucker - stay out of this toxic mess! The dumps and short squeezes will be legendary - and prices will be nonsensical for sure! They'll even hold...
EURUSD is seemingly attracting demand around the 1.1300 double bottom area. The Median Line of this inside set is also tested here. If this area fails, sellers will target 1.1000-1.0800 for further downside. However there are good odds that this will get picked up here for at least a minor correction towards the 1.1475 area. Buying with stops below 1.1300 and...
Never seen worse OBV and A/D. I'm expect one to two month gentle up movement before it will tank to finally enter accumulation zone. However other banks perspective doesnt look much better but on higher level.
We have a standard falling wedge pattern like on BTC/USD chart.
Also we have a strong divergence with MACD indicator and volume rising.
The stock after a great fall and now is located near its bottom.
LONG TERM TRADE(month chart).
And the first target is x2 of it price => 20$.
I will update the idea.
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...
- 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
- I like the talk of the 'new' `CEO, however talk is cheap, action is not.
could be a 6-36 month play and this could drop to single digits but TONS of volume around this area shows for interest in making a return play
down over 90% from highs
I would buy here and all the way down to 7.5 and start selling above 25. Risky becauase it's some yung price discovery
/snatched this idea from @cryptohustle and did my own analysis. Give him a follow!