1DBK trade ideas
Deutsche Bank needs you...DBK is currently at a very important point where he will define the continue descending to the strong support area or he will bounce back to the area of 16.3 ... which was his first confirmed resistance.
Obviously in trading always the question is where will we go ... up or down? It seems silly to mark an area where that question is not answered. However, it is obvious that we have come down and this point will help us to emphasize if the trend continues or not.
DBK needs your help ..
what are you going to do? ... give him a hand? or kick it to the well?
I hope it is useful for you
As always... best wishes to all!
Deutsche Bank AGHere we have a next buy opportunity with the high percentages if the price bounces up breakes 200MA and closes above the resistance level 15.50 with the targets previous high 17.00. Moreover, we have a potential SHS pattern and now forming right shoulder. If price makes this SHS, we could have again buy opportunity.
-GInvest
Banks are trending up in the expectations of interest riseAnother bank idea to share based in a chart pattern with a line breakout, the breakout was the past week and is very clear but now you need to wait for the pullback or some kind of price consolidation between 18.00 and 19.50 this foreign bank constantly make gaps but not too big. I recommend follow the daily chart with patience and if you like this bank is your decision to add to your portfolio because I only share good entry points based in technical analysis.
another important aspect here from a technical analyst point of view is the past support line in area of 28.00 because this area now can become resistance if the price go to this area in the future.
there's another thing for share. this is a opinion. If you buy at 19.00 and in some months the prices reach the 26.00 your Return on investment is 36.84 %
The decision for hold for a more long term and with a more high target (above 28.00) needs the support of fundamental analysis.
And remember always start from a weekly chart and then go to the daily chart
By last do a research about Deutsche Bank for this date 09/30/2016 and read about the reasons for a high volume in this day
www.bloomberg.com
money.cnn.com
www.cnbc.com
About Interest Rates
www.kiplinger.com
www.marketwatch.com
www.businessinsider.com
www.cnbc.com
More homework
www.thestreet.com
seekingalpha.com
Opinions are for educational purposes. I am not licensed to provide investment advice but I try than my opinions looks the more realistic way.
Deutsche Bank is a textbook shortI think DB is fundamentally one of the weakest DAX stocks.
Notice DAX opened today with a 150 point up-gap, but DB is opening at the same level - no demand for this stock.
Selling is the way to go, plus we can see from a chart technical perspective that there is still much room to the downside to be filled.
This is a beautiful corrective small uptrend in a large downtrend, bears are breaking lower.
I am looking to short above 14€.
Blessings to you.
DBK.DE ,XETR en triángulo ascendente en OctubreDBK, XETR ,a pesar de sufrir una serie de escándalos, parece que finalmente el banco Aleman está saneando las cuentas, también esta expuesto a MiFID II, y puede que sufra las consecuencias,
pero de momento está metido dentro de un canal formado por triángulos con tendencia alcista.