Pull back and carry on bullish. Dismounting the bank and the euro with it.
As I am awaiting a market sell off, I'll be buying Deutsche Bank at a price between 4 - 6 Euro / share. Its a beautiful opportunity. Keep that one on my watchlist
Excellent interview of cycle analysis by Charles Nenner on DBank. Could A Bdank failure be a canary in the goldmine? www.youtube.com
Must be living in the matrix because Deutsche Bank looks bullish LOL
All description on chart. Don't forget to like and follow. Thank you.
I wonder how low DBK can go. I wonder if this is the next Lehman Brothers and the start of the banking crisis in EU.
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...
$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.imgur.com
Deutsche Bank - DB - weekly Range 21.16 - 7.66 resistance test at top of mean at 12.73 macro trend uncertain VOL ATR - SHORT RSI MACD - flat/low momentum support test at 7.66 neutral/bearish outlook
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...
Upside opportunity towards 15 euros for Deutsche Bank. On the weekly we have a positive divergence both on the RSI (also on the monthly) and on the Chaikin Oscillator. Possible retracement in area 10 euros. Volume Profile confirms the resistance levels.
I have been waiting for another opportunity to Deutsche Bank and Commerz Bank. And here it is. Commerz Bank chart: In case you haven't seen it. There is a netflix serie called Bad Banks. Watch it and you will see why to short these banks. :-) Bad Banks on Netflix: www.netflix.com
It looks like we are ending a 30 year bear cycle with a decending trinanlge inside a falling channel with imminent brekaout potential! Looking to get on this ship and steer it to treasue island!
Either DB will reverse course from here, or it will break down below this lower support and cause lots of pain for folks holding it!
DB is the next Lehman, there is no saving it from this black hole!
DB Channeling down to 5.00 until 2022 should lead to a general reversal, possibly getting along with the upcoming recession's general bottom.
Hi Guys, a lot of people is comparing Deutsche Bank current situation with Lemhan Brothers in 2008. There are similiraties indeed but this time I think that steps have been taken to prevent such collapse. It was at the beginning of last summer when Mario Draghi announced the end of QE programme by the end of the year. This was supposed to help but the...