Deutsche Bank has been in a long-term downtrend since May 2007 and is still in tact. A short backlash should, however, be taken into account and bring the shareprice again in the range of about 11 €, before the final low can be formed and the correction pattern will end with the 5 of the 5 of the C.
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!
Bank of america has decided to take some risk out of the table, this is definitely going to impact profitability but let the market decide. Here I see buyers and sellers pressing while in a downtrend. Before I put my cards on the table , I'd like the market to show me who has the stronger hand.
This is a weekly chart, we are approaching the lowest low. If this stock tanks, I will try to observe whether my hypothesis are in order. Namely if this stock tanks , other bank stocks might follow suit. I am neutral until I see the interaction with the low.
Deutsche Bank is one of the largest banks in the world by assets. Along with DB’s home market of Germany, it has a presence in more than 50 countries around the world stretching from the Americas (North and South), Asia-Pacific, Central /Eastern Europe, Middle East and Africa.
The bank has three primary business segments:
1) Private & Commercial Banking
2) Asset...
Hello Guys,
as suggested many times, this bank is in a big trouble. It is the one of the worst banks in Europe, if not the worst one.
It is still surviving only because of politicians, but there is no future for this bank, like it is now.
That said, Weekly chart is quite clear, direction is still down! Bearish forces are controlling the stock. Ad suggested, I...
Deutsche Bank is a LONG only for SHORT/TERM speculative purposes till 12.50 Euro. Detected a bullish divergence on MACD.
After hitting 12.50, I expect to see the bearish trend resuming itself.
Thank you Guys
Simone
Thank you for the support for the last chart had over hundred views was abit shocked by the support u guys gave.
If you did not enter the last time. Here is our second chance... $15-$16 range.
The last time we entered here
DBK is currently at a very important point where he will define the continue descending to the strong support area or he will bounce back to the area of 16.3 ... which was his first confirmed resistance.
Obviously in trading always the question is where will we go ... up or down? It seems silly to mark an area where that question is not answered. However, it is...
I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal.
It requires...
Huge inverted H&S pattern continue to form on the weekly graphs of Deutsche Bank, which suggest a buy opportunity if the price rally to the neckline level of 20.71. A good stopping level is at the most recent gap up at 18.00, while target price can be set at 30.41, thus 4.7 to 1 reward to risk ratio.
After the tough time, Deutsche Bank had last year, facing a U.S. lawsuit (...), the stock is finally recovering and we are likely to see a strong appreciation in value during 2017. As the price development suggest, Deutsche Banks's stock price usually follows trendlines for a fairly long time. Moreover, price movements most of the time follow a linear function and...
We are seeing the signs of weakening again in this stock counter.
With the possible more and more disappointing quarterly results, it should on it way down to $12 level.
$11-$12 regions is where another formidable support awaits.If that regions get broken, all the Hell will breaks lose.
let's see.
s0nic
