Duetsche Bank Has The Potential To Advance From Current LevelsDB has the potential to advance from current levels. The key drivers are as follows:
- Bull flag breakout
- Bullish Engulfing Candle formation seen on 14-Feb-2019.
- RSI attempting a breakout
- Momentum indicator turning up
- 20-day EMA being regained
Current levels: €7.75
Stop-loss: €7.25
Take Profit Target: €8.93
NYSE:DB XETR:DBK
Trade ideas
DB, momentum , CandelsI don't understand how all that buying does not raise the price 01 Feb '19 14:30
I have to label SIB " long " I don't have the gravitas to toss DB to the crocodiles.
Seen in candles . . . its not a lot to go on. . . but here it is . I suppose no one knows what is the real picture inside DB. . . . its probably a state secret and the ultimate embarrassment. . .
Parabolas can and should be fit to as high a resolution as available. that is what permits the quadratic extension of 3 points to be extrapolated precisely into the future , or past . the accuracy of the scaling depends of the actual distance tween the three points . very small differences is triangular relationship have large consequences in the quadratic extension of local parabolas.
I still think the efforts to float, prop the stock needs vigor.
DB Hu?How are price action and volume related? There is a proportional rise and fall of the price given specific sale and buy volumes. Of course . I am ignorant. Simply a poet playing with pixels,
Yet, when I run a time line, across the jag and look see for correspondence between the volume and the price Jag, I am a bit confused. How is this straight forwards?
Never for systemically important Banks . I Assume.
Deutsche Bank ($DBK): Weekly - Fractal - Default Risk increasingAs the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade.
However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007 which will hit once the fractal from the period 2007-02-26 - 2008-11-17 is activated.
I remain a seller on Deutsche Bank ($DBK) till that target is hit.
DB loosing momentum . . . SIB. . . DB . . .
The world, sort of needs this TBTF, drudge a muck, to Zombie on. Right?
Commerzbank merger? is that going through ? Is that a fix?
Solid Greens support. I'm actually looking to be positive and cherry. Thin red are trends. The Jag has sprouted Thin Blue Horn from its Dec 24 low. Its lower bound is to low moving into the future; Its upper bound is still not high enough!
I get the impression the volume data has been repopulated. crayon? or Comerz, I can't tell anymore.
Deutsche Bank - still an good buy & continues uptrendwe can see clear up trend structure at this chart. Price moves within ascending channel and rebounces from support and resistance trend line.
Expect another up to 8,50 before we could see an healty and needed correction.
Open prices and take profits are drawn in the chart.
Good luck to all
Shorting some bad banksI 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
DB. . a Narrow Track ahead. The drawing is ELEGANT, it is an Esthetic approach . . The Artist Weg.
Who Knows why and Who , perspires , up there ? DB board room ? Compliance! Am branch! to big to fail and to big to fly?
I see that the Jag wants, needs to skip from think Black to Thin Black, Trice, to succeed . Other wise: Jap Zom Bnk like future?
Solid Red and Blue Solid appear to be its Floor, resistance. below that is TBTF. can it be worth 3 more Dees?
The Jag Just rose over the first thin black parabola. it can do it again twice. ON its own?






















