DBK Deutsche Bank falls through Support and TrendlineHello to all watching my charts.
Today hav been a bad day for Deutsche Bank
Fall through the Major Support to 6.66 at the end of the day
Now SHORT
Please check my picture
Good trades
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My posts are not and advice to buy or sell something
always do your own research
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Renkotrade
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DBK trade ideas
Bank is only leveraged 1800:1 What an investment opportunity!!Zombie bank.
With a market capital value of $25 billion and a $45 Trillion dollar derivative book it's leveraged 1800:1 against it's derivative contracts..
When the interviewed the Finance Minister of Japan in 2016 noted that when DB goes it will disappear 15-20 European banks overnight.
Will the ECB bail out $5 Trillion to the counter-party if it's Goldman Sach that has to be paid back in America when DB defaults? Forgettaboutit...
DB could trigger a world wide default when it fails (not if) as counter-party after counter-party defaults on a world-wide $1200 TRILLION in world-wide derivative exposure.
Deutsche Bank - Till Short IIThe short Aupmove should have been part of the circled II and now a heavy sale should start soon, so that the media company can focus after Wirecard the next topic.
I'm curious whether there will actually be a merger with the "Deutsche Commerzbank", or let the Deutsche Bank just go down?
Greetings Stefan Bode from Hannover,
Lower Saxony
Z-DB -ingThe new hum-ing?
There are 60 points points between the last bottom and the current 'parking top' at 7.00 USD. I estimate it took 717.88 k shares bought between Aug 15 15:30 and 16 15:30 to lift the price 60 points. Then it took buying 342.31 k shares to keep the stock price level at USD 7.00 through Aug 20th 15:30
Somewhere between 380 and 420 million USD a year to keep the great Deutches Back a zombie, a float on $7:00/share. Z-DB, zimb, zihmb ( that uses onomatopoeic spelling ( a reference to ancient poetry )
is it doable? probably, compared to central bank QE forever, it almost rimes,
Better to park and defend than to let it drop 'al la' Ai Weiwei
www.futurelearn.com
that was a mixed language and cross cultural joke. Snicker or snivel , its almost funny.
The irony is that Ai Weiwei insist on keeping ones eyes wide open; AND making a mockery of the old as 'foe holly'.
Germany appears to be preparing give away money to keep the consumer economy rolling through their imminent slowdown and contraction.
Never mind, i'm a poetic hack observing the market with parabolas and curious, tremendously curious about the nature of consciousness: wake striding or sleep walking.
DB increses rate of declineDangerous systemically important bank on the edge of collapse? .
This has been pushed forwards before. Can it be don again? for how long? The inflection points have grown closer together.
'und' everything else going down, around this bank . . . collateral damage?
DB curves, today, point to the last week in August or the first week of September as zero point.
Deutsche Bank - disaster or restartDeutsche Bank is now in the buying zone already announced last year. Not that I would be able to beat myself, I am not convinced of the sustainability of the business model here, especially with the steady negative interest rate, but you can see first reactions at € 5.80 in June and € 5.77 last week.
Bullish Signals will come in my opinion only with a weekly and a monthly close above €6,87!
Greetings from Hannover
Stefan Bode
DBK Deutsche Bank SHORT Trendline Break EDUCATION 1 DAYHello to all watching my charts
Here the next example to trade a trendline brake
in DBK / German Bank
1. Break the black suppport line at 7.00 SHORT
2. Break the blue short trendline at 6.20 /6.30 LONG
3. Break of the next supoort line RED and break of the Long trendlne SHORT 6.70
Only a few trades to made profit.
Good trades
If you want to support my work and my charts, please like ethem
Renktrade