1DBK trade ideas
Long on BDKAs you can see, DBK bounced back on one of its lowest support levels.
It is massively oversold.
Its price is way too low.
It s moving towards breaking through the long term negative trendline.
DBK changed its strategy which might help them lower its cost and hence increase its profits.
It is a buy for me with a price target of 15-17.
uk.tradingview.com
Deutsche Bank - Smart Money in Action?Deutsche Bank DBK is in the middle of the storm of bad news. The first menace was this Thursday where the Federal Reserve commentary which said that the financial sector in the U.S is "in trouble." This Friday, the Standard & Poor's slashed its credit rating. The agency also questioned the Deutsche Bank's CEO Christian Sewing.
Despite this uncertain scenario for DBK, the price dropped to our long-term target between 9.380 and 9.119, with a volume considerably higher than previous trading sessions. The key resistance level to follow is 9.950.
Final phase of Deutsche Bank's agony? CHXEUR:DBKD
As I expected DBKD entered into its final phase of its correction. (see Linkt to Related Ideas) But how long will it be? I do not now. I can see that the initial phase is very dramatic, but since most of the experts expect a recession soon, it can last years and became shallow or even choppy if it ends in an ending diagonal . On the chart you can see that the correction began in 2008 with the crisis. It finished the A wave of the zig-zag correction in the very beginning of 2009, and then came a triangle as wave B. Wave B ended in mid April 2015 and from then it declines in 5 waves. The 4th wave have been a triangle as I assumed also this possibility in the linked idea that ended in January. Since then it has been falling and it is in the 3rd wave of this final 5th wave if my counting is correct. What could be the bottom? I do not know, I would guess between 4 and 6 € but it will turn out within years if the recession comes. But I guess then it will be a very good opportunity to buy a lot. It will be also a very good opportunity on a fundamental base as well since its market value is much under its book value.
Price/Book: 0.27 according to finance.yahoo.com
Deutsche_Bank_(NYSE:DB)_May_29_2018Deutsche 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 Management
3) Corporate and Investment Banking
Since 2014, the stock has been in a downtrend due to a variety of issues (As per Wikipedia, since 2016 the bank has been involved in some 7800 legal disputes). These controversies range from tax evasion, market rigging, money laundering and sanctions violations.
However, I believe the price has dropped to levels that make it extremely attractive for long term value investors. Yes, there are certainly concerns of declining revenue, flight of key human resources and more potential fines; however if there is one lesson from history that stock investors should take note off is “Buy Low and Sell High”.
The price has dropped below key support levels and reached all time lows. The 20 day and 50 day moving averages indicate a downtrend while the AD indicator indicates an uptrend which usually occurs when the trend is poised for a reversal. However, this should to be confirmed by price action.
For contrarian investors, I believe this is an excellent price to buy into the stock. For more risk averse investors, you want to wait till there is a confirmation from the price action such as the price crosses the Moving Average and the slope of the average is positive.
Deutsche Bank LONGLong from $12.98
Market Cap - $26.57B
Beta - 1.63
Debt/Capital - 71.77%
P/B - 0.32
- Based in Frankfurt, Deutsche Bank is the largest bank in Germany and one of the largest financial companies in world with €1.48T in total assets.
- Over the past six months, Deutsche Bank shares have had a rocky journey underperforming the industry by quite some distance. Their first quarter results in 2018 mainly showed lower revenues, primarily due to exchange rates and larger expenses.
- The banks profitability might still be threatened by a slow moving European economy and operating costs and also low interest rates.
- However, their efforts to improve their financials by reducing expenses and getting rid of unprofitable business will start to draw attention to the company in an encouraging manner.
- The new Chief Executive Officer appointment remains very confident in turning the company around quickly.
- In 2014 and 2015 DB reported better net revenue YoY. Although, in 2016, 2017 and 1Q18 revenues declined. Despite the recent declines in revenues, we believe DB will witness revenue growth in the quarters to come.
- Deutsche Bank continues to focus on strengthening their capital position. In the stress test carried out by the EBA (European Banking Authority) it showed progress in its risk profile and capital position. In 1Q18 capital ratios remained strong. The company continues to achieve its targets - CET 1 (Common Equity Tier 1) ratio of at least above 13% at the end of this year and its leverage ratio at a minimum of 4.5% for this year too.
- Deutsche Banks price to book is much lower than the industry average and at 0.32 could indicate that the equity is undervalued.
NeroTree Capital rates Deutsche Bank AG as a BUY with a price target of $19.50.
DEUTSCHE BANK - NEXT STOP 10 EUROHello 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 was expecting a technical
rebound till 12.30/12.50, to see then the stock down again. I was right even this time.
Now, we can short this stock till 10.00 / 10.20 with high confidence.
Thank you guys,
See you with new trading ideas
Simone
Do you like to play with fire?A high risk movement, although it seems to me that going short at this level is quite risky there is a possibility of success.
It seems to me that there is a good chance of touch the level of 11.18 near the 16th of March, or even the historic minimums. But, why does it seem high risk ?. Because we are too close to historical minimums and if that were not enough, at this moment the price is sitting on the R & S, which is usually a very good support, and could cause the price to bounce from here.
In case the movement was correct there is a very high chance of a rebound after touching 11.18 and not retesting the historical minimum.
This is what I see in the chart, and obviously I'm not giving any kind of advice, just sharing what I think ... let's see how it develops.