We can have wave (1) in the coming weeks
Looking back @ Macro Levels:- Assies remained on a rollercoaster ride against its kiwi counterpart since 2011. Following later pair remained sideways since 2014 (consolidation phase), although in a fair enough trading range of a 1000 pips between 1.1300 - 1.0275. Fast Forward :- Recently, since Nov 2016 (as trump-nomics starts) pair was in triangle/wedge...
Deutsche bank is a long trade. 1ST reason: Higher highs and higher lows - daily chart ( here weekly chart is shown ) 2nd reason: breakout of the horizontal resistance at 18.90 Target: there is room to let the quote run until the very first important horizontal resistance around 22.50
There's a possible beginning of a new uptrend
"disaster" "bombed out" "insane pressure" "worse as it gets" I can not think of anything more - after friday ... 12.97 1st Yearly low 2016 @ February 11.22 2nd Yearly low 2016 @ July 11.06 3rd Yearly low 2016 @ August Trading Zone between 11.06 & 12.97 !!! Break Up/Down of this range could accelerate the share ... Take care & analyzed it again - it`s...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DAX 30 Index & Shares (2016 yearly Performance) @ drive.google.com Best regards Aaron
CHXEUR:DBKD Safe Trades;
Deutsch Bank is one of my bets for 2017. One of the stocks that lose more from DAX30 in 2016. Time for a quick short at this moment.
I think we can get a retracement in the financial sector, and Europe is in worse shape than the US in general. It wouldn't surprise me to have some negative news pop out, surrounding Italy's referendum, Deutsche Bank, Italian Banks, UK banks, Brexit, etc. Quite a few potential catalysts for volatility, so, if we see this ETF break the linear regression channel...
A divergence between the volume and the value of the index indicates a lack of enthusiasm with this new top. This ocurrs just before August, which is a typically bearish month, and under the systemic risk posed by Deutsche Bank. Moreover, NYSE Margin Debt chart reached a peak some months ago (see www.advisorperspectives.com). In my opinion, there is no substantial...
DB failed to break its previous day's high on friday which leads me to believe that in the following week it should head south towards $13.8. Still don't expect major downside movement as many institutions stand by DB ready to support it and we currently sit at atl for DB. At this point you could trade DB as a "too big to fail" institution and ride the stock up to...
Caterpillar is known for being a global economic bellwether, and considering it recent stock performance you'd think economic activity is alive and well. Unfortunately, this is not the case. In fact, despite CAT "beating" its recent Q3 earnings estimates (which rely heavily on accounting gimmicks), the global mining and construction company reported that all is...
There are a lot of talks last year about close bankruptcy of DB. Some charts were published which show similar character of DB drop to Lehman fall from hights of 2008. I don't believe in it. Not reason to prepare everyone for bunkruptcy of a Great Bank for a such long time. I think that we could see something really interesting here. Anyway, be very...