Deutsche Bank - I believe in this terrible bottoming.Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 11.420 EUR
1DBK trade ideas
Get ready to earn a 12% profit from trading banking stocks!
Get ready for a long position! Since bearish short-term is strong only enter a short position if a weak bearish or a bullish daily candle come into being in next few days.
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 0.66 which is a great score!
To summarize my fundamental opinion on this stock:
Great ( Super bullish )
What's up with Deutsch Bank ($DB)I drew this setup about 10 weeks ago and since everything worked as planned so far I decided to share it.
DB is in a symmetrical triangle (weekly/daily chart) or maybe even in a falling wedge. The previous trend was bullish, nice HH (higher highs) and LLs (lower lows), what gives rise to the idea, that there could be a bullish breakout. The BO is confirmed, if this weeks candle closes outside the formation. Most likely this weeks candle will have a small to medium upper wick, since it is approaching a certain type of resistance, called a Order Block (OB). OBs are similar to support and resistance areas. After hitting this OB we will most likely see a retracement in price back to the purple area (area of interest/ buy area), where I will enter my first long position. My S/L is beneath the grey resistance zone. My TP is at the end of the black arrow, I choose to exit there because there is a major resistance and it is a very relevant area.
To me this sounds like a tempting well thought through trading idea.
But remember: use proper risk management and be responsible.
As always: no financial advice
DBK Deutsche Bank longIf the wave analysis is correct or even half correct :-), we have lots of extensions of 3rd waves which is usually a good sign for a slow but steady long term uptrend
Entry point = now around 10,2
Stop 9,702 (would invalidate the wave ii)
target = well this would be a buy and hold strategy in this case
Worrying signs of big DB sell-off coming This is in a long term and persistent downtrend and now we've retraced to the 161 fib of the last swing low. We're showing strong rejection off of this and this may be about to send us into another big drop. This along with other big sell signals on things such as Goldman (Linked) may be hinting towards a storm brewing.
DB is still in the downtrend and it's doesnt look pretty.It will take another few months (weeks) for the market to realize that the true value of DB is zero. The panic in the markets will force ECB to bail out DB, which will bring EURUSD to 0.88, and only after that the Dollar will start weakening for real.
Buy Idea Deutsche BankDeutsche Bank saw a rather weak performance since June and was not able to maintain the positive trend of the first half of the year. I expect financials to perform well this week , after the sector also put in a positive performance yesterday. The US banking giants start the fiscal Q2 2021 earnings season today. The first are JPMorgan and investment banking giant Goldman Sachs. Deutsche Bank itself publishes the results only on July 28, but would benefit from upbeat earnings, especially from Goldman Sachs. We can find a good entry point at Deutsche Banks current stock price (€10.35 - €10.45). Goldman Sachs published strong results in the last four quarters and showed particularly strong results in Q1 2021 . It was mainly driven by a significant jump in investment banking and sales & trading revenues on a Y-o-Y basis (also boosted by weak 2020 figures), followed by positive growth in the asset management business. While I don't expect this trend to have continued in the same pace, I believe that GS was able to perform strongly in Q2 2021 as well. Goldman Sachs reports before today's NYSE opening. For Deutsche Bank, the figures from investment banking are particularly important, as in 2020 Germany's largest bank also generated the majority of its profit through investment banking.
DBKDeutsche bank, "The worst seems to be over"
A good looking yearly uptrend and RSI divergence.
Banks are oversold and inflation is coming to stick for a while. This should pull up banks. Inflation will also increase the trading volume of banks. We might see commodities & financial stocks increase over the next couple of months, according to analysts, as the great commodities cycle seems to be coming.
Deutsche bank has the highest trading volume today compared to all other DAX stocks.
DB Long Idea - Target is $16 by July 30Got some nice divergence, there is a ton of short interest that was opened recently and the long end of the yield curve looks like it is going to start trending up.
Banks are oversold and inflation is coming and will likely stick for a while. This should pull up banks. This will also increase trading volume for the banks. Should see commodities / financial stocks increase over the next couple months.
Will cancel this trade if price closes below 12.91
DB - Monthly Chart - Buy ordersLooking to buy some DB stocks at the blue line.
Target is based on a LTF Resistance and a monthly Resistance level. Would take out my original investment and let the rest run.
Explanation:
Blue level was the first area where the long Downtrend was stopped and a higher Swing created. Level was engulfed in January.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Bullish indicators in Deutsche Bank - on the Monthly, etcWe look at the DAX constituents. We pay attention to the most bullish constituents that buck the trend - firms that go up when the index itself goes down. Etc.
So we have plenty of bullish signals on multiple time-frames - and that green triangle projection is back to its all-time heights.
This may be great for both a short time long trade or a good long term investment.
Old Mutual - Setup Similar To Deutsche BankThe current Old Mutual (OMU, 1243c) chart reminds me of the recent rising trend line setup on Germany's Deutsche Bank (DBK). The next 1-3 days will be key: if we see small signs of a reversal (with above-average volume), then we could have a chance for a decent bullish reversal. I'm monitoring closely.
Deutche Banks Desending Trend endingas you can realize in the price chart, it seems the Deutsche bank descending trend apparently coming to the end.
I think the German government will take care of them and it is going to power up again.
look for a price stabilization price action to invest in it for a 3-5 year investment.
