Deutsche Bank (DBK): Earnings beat but loan losses double We missed the optimal entry for Deutsche Bank (DBK), but the analysis was accurate overall. The earnings report showed some resilience with a revenue increase of 5.2% year-over-year, reaching €7.50 billion, slightly above analyst expectations of €7.30 billion. The stock reacted with a modest dip, but nothing significant. However, Deutsche Bank reported a notable rise in loan losses, which doubled to €494 million in Q3 2024 compared to €245 million a year ago, aligning closely with the €482 million forecasted by analysts.
From a technical standpoint, our primary count still appears valid, though it’s a bit on the lower side. This could indicate that wave 3 might not be the longest wave in this count, which is atypical but possible as long as it’s not the shortest.
We’re targeting a potential endpoint for wave 5 within the HTF resistance zone, aligning with the 50-61.8% Fibonacci extension level, where we could look for a long position if the setup confirms. We will continue to monitor DBK closely as this potential target level nears and adjust accordingly.
Deutschebank
Deutsche Bank (DBK): A Perfect Reversal?Our analysis on Deutsche Bank (DBK) dates back to June, but we've continued to monitor the stock closely for you. We saw that DBK respected the last possible level within our targeted area, which was aligned with the level of Wave 1. Typically, for a Wave 4, we don't want to see the asset linger too long in this area, but in the case of DBK, it only dipped into it briefly before reversing, showing a strong and positive reaction.
We now anticipate a surge above the Wave 3 level, which would also push the stock above the trend channel. Such a conclusion to this cycle would be a very bullish sign, likely leading to a deeper pullback in the overarching Wave (2). At that point, we would definitely consider buying shares as the setup looks promising for long-term gains.
Deutsche Bank AG (DB): Potential Sell-Off Ahead?Analyzing the Deutsche Bank AG on the German Stock Exchance XETR, we observe a repeating pattern involving two trend channels. In both instances, the trend channels were respected and behaved as expected.
In the first case, the price exited the trend channel and then retested it almost perfectly. In the second instance, the price overshot the trend channel briefly with a wick above but quickly retraced back below it. This overshoot indicates significant weakness, suggesting a potential stronger sell-off in the near future.
Zooming into the volume since 2020, we notice that the current range has seen low volume, indicating minimal buying interest at these levels. The buying interest appears to be much lower.
Zooming into the Deutsche Bank AG 12h chart, we see that the level of the larger Wave (1) at €14.64 is being respected and held for now. However, we anticipate a sell-off down to the range between €13.50 and €12.50. Falling below this range is not expected, but if it occurs, the next likely support would be between €10.50 and €9.30.
From an Elliott Wave perspective, it would be unfavorable if Wave 4 were to fall into the territory of Wave 1. While brief wicks below are acceptable, a prolonged stay in this range would not be ideal and is not our primary expectation. We also observe that the RSI is showing signs of being overbought.
There is a bearish divergence forming, with a lower high on the RSI and a higher high on the price chart. This divergence suggests that the recent price movements might lead to further declines.
In summary, while the €14.64 level is currently holding, we expect a potential sell-off to the €13.50 to €12.50 range. A further decline into the €10.50 to €9.30 range could occur but is less likely. The bearish RSI divergence supports this outlook, indicating potential downward pressure in the near term.
Deutsche Bank: Next Big Leap Ahead?
Starting our analysis for the Deutsche Bank chart at the Corona low of $4.45, we have since seen an uptrend developing with a Wave (1) and already a Wave (2), placing us in the overarching Wave (3). Within this Wave (3), we're looking for potential entry points. We've also developed Waves 1 and 2 and are currently, as seen on the 4-hour chart. We want to enter at the end of this coming wave ((iv)). We expect to reach between 38% and 50% retracement, with the possibility of hitting 61.8%, but not much lower, as we would need to invalidate the scenario if the price falls into the level of Wave 1 for an extended period.
Looking upward, we set our target at a minimum of €16.16, which corresponds to the 161.8% extension. The chart clearly shows that we are experiencing lower highs and equal or lower lows. Thus, we believe there will be a downturn before the price moves higher. Our entry zone is at $11.37, with our stop-loss just above $10, but also just below the invalidation zone.
Deutsche Bank Shares: Riding the Bull with a Diamond SparkleTechnical Analysis for Deutsche Bank Shares:
1. Bullish Diamond Fractal Formation:
Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls.
2. Key Levels and Targets:
First Take Profit (TP): The analysis points to a conservative first take profit level at 15,500. This level is identified as a potential resistance where traders might consider taking profits.
Second Take Profit (TP): A more optimistic target is set at 23,010. This level represents an extended bullish move and could attract additional buying interest.
Stop Loss: To manage risk, a stop-loss order is recommended below the support level, around 9.809. This level acts as a safety net to limit potential losses in case the market moves against the anticipated bullish scenario.
3. Market Sentiment:
The analysis suggests an optimistic outlook for Deutsche Bank shares, supported by the Bullish Diamond Fractal pattern.
The expectation is that the upcoming Monday will be very bullish for this pair, indicating potential positive market sentiment and increased buying interest.
4. Related News:
According to a historic news article from CNN (dated October 25, 2023), Deutsche Bank shares have experienced a surge, leading to an increase in dividends. This positive development aligns with the technical analysis, providing fundamental support for the bullish outlook.
The increase in dividends can be interpreted as a sign of confidence in the company's financial health and performance.
Positive news like this can attract more investors, contributing to the bullish momentum identified in the technical analysis.
Conclusion:
The technical analysis, supported by the recent positive news, suggests a bullish stance on Deutsche Bank shares. Traders and investors should carefully monitor key levels, consider the recommended take profit and stop-loss levels, and stay informed about market developments to make well-informed decisions.
Deutsche Bank - DBUSDYou would still be down 91% if you bought the top in 2008 keks :D
But DB shares went down a whooping 96.43%, what more could you ask? Your risk from the bottom was less than 4%, from my analysis it entered accumulation phase for the long term.
Do Your Own Research this is not financial advice!
Trading Idea: Buy Deutsche Bank (DB) StockDeutsche Bank's stock price has experienced a decline over the past 5 days. This trading idea proposes buying Deutsche Bank (DB) stock.
Core Logic
The trading idea is based on identifying companies with strong short-term profitability. The strategy focuses on three key factors:
Gross Profit Margin: A high gross profit margin indicates that the company is generating substantial profit from its core operations after deducting the cost of goods sold. This is a positive indicator of profitability.
Revenue: High revenue suggests that the company is generating substantial income from its business activities. A strong revenue stream indicates a healthy and growing business.
Cost of Revenue: A low cost of revenue indicates that the company is efficiently managing its expenses related to producing goods or services. Lower costs lead to higher profit margins and potentially higher profitability.
By considering these factors, the trading idea aims to identify companies with strong short-term profitability potential. Based on these insights, the idea suggests buying Deutsche Bank (DB) stock.
Please note that this trading idea is suitable for investors with an extremely short investment horizon and an exceptionally high risk tolerance.
Technical Outlook
Deutsche Bank Approaching Key Support Level
Deutsche Bank (DB) is currently trading at 12.09. The stock is approaching a key support level, just 5 cents away from 11.86. Breaking below this level could indicate further losses are ahead. However, if the stock fails to break below this level, it could be viewed positively by bulls, with a retracement being likely.
In spite of the current bearish market, market analysts expect Deutsche Bank's price action to test an important upper Bollinger Band® level at $12.47. This indicates that there is potential for a rebound in the stock's price.
Deutsche Bank's stock has seen a 10.61% increase in the past month and has outperformed the Nasdaq by 36.18% so far this year. The stock currently has a market cap of $24.29 billion.
Yesterday, a total of 1.48 million shares of Deutsche Bank were traded, which is below the multiday average of 2.39 million shares.
Today, Deutsche Bank's stock declined by 0.49%, falling from 12.15 to 12.09. This further reinforces the ongoing downtrend of the stock.
In summary, Deutsche Bank is approaching a critical support level and breaking below it could lead to further losses. However, failing to break below this level could signal a retracement. Market analysts expect the stock to test an upper Bollinger Band® level at $12.47.
Deutsche Bank: Strong outlook 💪 Having completed the green wave B with its high in the last week of July, Deutsche Bank is now in a small correction that will complete the orange wave ii. Once this correction is over, our primary scenario is for a strong uptrend to break through resistance at 14.63€. If the price continues to fall, our alternative will be activated. According to this scenario, to which we assign a 35% probability, the price would move into our green target zone between 8.34€ and 5.60€, from where strong gains would also be imminent.
Deutsche Bank DBK long will Go to 26$I have explained 2 bullish scenarios,1 bearish(worse case).
Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising
Inflation cooling down
Future Rates cuts
Rising Supports
In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the Deutsche Bank portfolio and let the profit run.
Exit :Stop loss or trend change signal
The mid and long term horizon is bullish. If any Profit taking level reaches, and trend continuation is signalizing that the uptrend will be continued, I will increase agressively my positions and take only 10% profits of each position.I will let the prfoits run.
This trade setup is only for trend followers and on daily TF.
Banking crisis + War Provocation = Haiiyaaa! More money printing. More banks facing liquidity shortage. More bank runs as panic and fear kicks in. As mentioned before, Q2 will be bank run galore.
Entire 2 year's QT effort by Jerome Powell, is now being reversed in less than a month.
Did Credit Suisse got bailout by SNB and UBS recently for almost $105B Swiss Francs? Hmm today $CS is trading at less than $1.
Did SVB got liquidity injection by several banks and the government to avoid collapse? Hmm a week ago, SVB just filed chapter 11 for bankruptcy protection.
Good read here: lnkd.in
Early this week Deutsche Bank is knee weak and now the latest one, Schwab is flying a kite outside during a monsoon storm. Awesome read here:
lnkd.in
Yo, at the end of the day, I am forecasting that only a handful of banks, like less than 5, will be standing in the coming years.
To usher in CBDC, you must herd the sheeps into a smaller ranch to make control and compliance, easier.
To usher in CBDC, competition is BAD. Very bad. Competition is antithesis of monopoly. Therefore, Bitcorn? Ethereum? And the other cryptos? Hmm
And US is getting more aggressive in provoking war with China and Russia.
What has the world got to now....
I remember an old saying, "When all else fail, go to war"
By Sifu Steve @ XeroAcademy
Deutsche Bank Sale OffComing Friday, 31 of March we may see a confirmation.
They bought off from the level 9.20, but if we close on Friday at this level or lower big bear will be confirmed.
Monthly candle and 3 Monthly, both candles can be very bearish ,
Let's see.
In case of confirmation First target is white line and so on.
Depending on model development maybe even blue then red line, of course not tomorrow. Patience.
Keep in touch, and keep your money in safe.
Eurozone banks now caught the coldAs I mentioned before, the contagion will spread like wildfire because the banking system are so intertwined.
We now see Deutsche Bank potentially get caught in the onslaught. Their share tanked by approximately 15% last Friday.
After Credit Suisse got obliterated and UBS come to pick up the remains with assistance from SNB ($100 Billion Swiss Franc), their share price now trade below $1.
Liquidity injection did nothing to help Credit Suisse. I see this bailout as helping the top 10% to rescue their money and let the rest die.
It is always the case. Silicon Valley Bank just gap down and declining more, Signature Bank not showing signs of recovery at all and the regulators/leaders of US still say everything is okay.
One thing to bare in mind is that, all the country's leaders have a fiduciary duty to not cause public panic, even though they have a gun to their head.
So, what ever you read right now in the mass media by Janet Yellen, Jerome Powell, Bank CEOs and other Central Bank chairperson, is deemed untrustworthy.
As mentioned before, the next sector that might get hit will be real estate, in particular commercial real estate.
White collar layoffs on-going + high inflation + high cost of borrowing + tightening lending requirement + high delinquency in rental/mortgage payments
+ work from home/hybrid preference = commercial real estate crash. If this crash happens, Commercial Mortgage Backed Securities will come crashing down too, which will bring down the Big Banks.
There will be flight to safety. Gold and silver will continue to rise, no doubt about that. US Stock market will like rally short term as Eurozone and Switzerland is on shaky grounds.
US Dollar may see a short term bullishness as sentiment on Euro bloc is hitting the headlines. Massive riots in France due to Macro increasing retirement age, will also be priced-in and act as catalyst.
APAC region could potentially see great alternative to store value and protect capital. APAC markets, as I always said, is more conservative and resilient.
By Sifu Steve @ XeroAcademy
💾 Deutsche Bank | This Is Only The BeginningThe Deutsche Bank peaked more than a year ago in February 2022.
Late January 2023 a lower high was confirmed.
✔️ The crash is now ongoing but this is only the beginning.
- The MACD entered the bearish zone while trending down with strong momentum.
- The RSI is now extremely bearish.
- It is the first time that this stock breaks below MA200 weekly on the downside since August 2015.
This is only the beginning...
You can expect more red.
Check the "Related Ideas" below to find many more crashing banks.
Namaste.
Gold Threatens $2,000 Area Amid Banking JittersGold prices consolidated near recent highs on Friday, as investors' sentiment deteriorated on the back of renewed banking sector concerns after the stock of the German giant Deutsche Bank plummeted over 10%.
At the time of writing, the spot price, XAU/USD, is trading at the $1,995 area an ounce, virtually unchanged on the day. The yellow metal attempted twice this week to break above the $2,000 psychological mark but failed, having posted a one-year high of $2,009.
On Friday, European banking stocks suffered heavy losses, led by Deutsche Bank shares which plummeted more than 10% on a spike in credit default swaps. The risk-averse environment favored the dollar across the board, which has limited the XAU/USD upside.
Gold prices peaked above $2,000 this week after the Federal Reserve delivered a "dovish hike." Even though the FOMC raised rates by 25 basis points as expected, the central bank dropped the hawkish forward guidance. Additionally, the dot plot suggested most FOMC members foresee just one more 25-bps increase this year.
From a technical perspective, the XAU/USD picture remains bullish, according to indicators on the daily and weekly charts. Still, the weekly indicators have lost bullish momentum, given the XAU/USD failure to consolidate above $2,000.
A decisive break of this level is needed to pave the way higher, with the next bullish target standing at March 2022 high of $2,070 and the $2,100 area. On the flip side, the next support level is seen at the former Fibonacci resistance at $1,970, followed by the $1,900 zone, where the 20-day SMA converges with another retracement level.
Why is there no price update on DoucheBagBank?Basically it's too embarrassing for them to show the real price right now because they disrespected Hitler who made them billions of dollars in stolen gold deposits.
Who's more evil? Hitler or the banks who drugged him on heroin and other shit! History repeats itself again and again and again
Mercedes-Benz is at a multi-month resistance of 75Why should we short Mercedes-Benz?
1 - they hung up on the phone with Hitler who made them millions of dollars in WWI
2 - There's a huge resistance at 75 dollars
3 - they refused to pay for a car they invented that was literally my address: 63 Madison ave AMG
4 - I already asked Doug Clark (my former manager at ITG Global) to alert the CEO of Credit suiSSe to create some complex bearish derivatives more advanced than those of Fabrice les 2 Tours from GS
K is outperforming Mercedes-BenzK (ketamine) will make you almost as smart as me.
BENEFITS OF KETAMINE
If you’ve ever suffered from any kind of debilitating or chronic condition in your life, you know there are a lot of different medications out there. Some claim to completely cure you, while others merely calm your symptoms. Ketamine is a drug that’s proving to be very successful in treating many different chronic diseases.
Ketamine therapy is one of our specialties at Boston MindCare. Our skilled anesthesiologists can help you figure out if this type of therapy is right for you and the condition you’re dealing with.
KETAMINE AND YOUR BRAIN
Understanding how ketamine works in your brain can help you understand how and why it’s so beneficial for uses other than anesthesia. Ketamine works on a very specific group of cells in your brain called NMDA receptors. These receptors interact with neurotransmitters such as glutamate to rev up your neurons.
Most of the time, this is a good thing. However, if your neurons stay in an excitatory state for too long, they begin to die off. This leads to a cascade of events, resulting in certain conditions such as depression or anxiety. These, along with other conditions, have been linked to NMDA receptor malfunction.
Ketamine works directly on the brain to block the NMDA receptor signals. This allows the brain to create new pathways and synapses, which can aid the healing of past injury or illness. It also blocks glutamate, which is important for your memory and emotions. This allows you to feel calm and forget the moments before or after surgery.
Although this drug is traditionally used for its anesthetic properties, at Boston MindCare, we’ve found that it has many other advantages for a variety of illnesses that may be inpacting your life.
THE MANY BENEFITS OF KETAMINE
Since ketamine is used for surgery, it helps to calm your mind and also to relieve the pain associated with certain procedures. However, the benefits of ketamine have broken the boundaries of surgery and have shown success in treatment of many conditions, including:
Depression Migraines PTSD Chronic pain Obsessive compulsive disorder Bipolar disorder
One of the benefits that ketamine offers is a decreased need for narcotic painkillers. This is a great advantage, due to the increased likelihood of tolerance and complications with long-term narcotic use. If you suffer from chronic pain, ketamine may be a great alternative to traditional treatments.
Another advantage is that ketamine works very quickly, and continues to work even after it’s metabolized by your body. This is especially true when it’s used for treatment of depression symptoms. Typical antidepressants need weeks to build up in your body and start working, while ketamine can work in a matter of hours.
Ketamine, when used properly, also doesn’t have a significant effect on your breathing rate or blood pressure. This makes it very safe for use in surgery, as many other drugs that produce a sedating effect can decrease your blood pressure, which can lead to complications.
Although ketamine has shown very positive results for many psychological conditions, it’s not for everybody. It’s important to talk to our staff about all aspects of ketamine therapy, including side effects and contraindications for use.
GETTING KETAMINE THERAPY
At Boston MindCare, our goal is to help you fight your chronic condition through ketamine infusion therapy. Once our doctors have determined that this type of treatment would be beneficial to you, you’ll make an appointment for your initial infusion.
At this appointment, we put an IV line in your arm where the ketamine will be administered. We monitor you the entire time, and one of our anesthesiologists oversees the treatment. Your dose can be adjusted to best suit you and your response to the drug.
Most appointments take about an hour or less, depending on how you do and the condition you’re dealing with. There are other forms of ketamine therapy that we offer including:
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At your initial appointment, our doctors will discuss which treatment route will be most beneficial in helping you fight your condition. It might be necessary for you to come back for follow-up infusions, but this depends on how you respond to treatment and if your symptoms improve.
If you’re at your wits’ end and think ketamine therapy may be the answer you’ve been looking for, call our office at 781-247-5323 to make an appointment or book with us online today.
Mercedez-Benz consolidated and is on a strong rallyMercedes-Benz is still making high quality cars despite inflationary pressures reducing profitability in the auto-industry.
Hitler had a special relationship with Mercedes (the name of a Spanish relative of mine connected to Carmen Gabriel).
It will be interesting to see whether or not the price will break above the overhead resistance. I guess it will depend on how much money the Rothschilds/Reichmanns/Bronfmans and the Rockefellers have left.
BUY
PS: why does Mercedes-Benz Kitchener have a random yellow hat?
Pierre Gabriel
CEO
Trading Idea - #DeutscheBankMy trading idea for Deutsche Bank - Buy / LONG
Target: EUR 12.00 (+40% profit)
The recent valuation of the banking sector in Europe should lead to higher price targets across the industry.
Deutsche Bank should also be among the winners as rising interest rates create favourable business conditions.
From a chart perspective, the price of the Deutsche Bank share has broken the downward trend. The price is currently consolidating above the EUR 8.00 mark with a rising trend.