2024/11/26
Daily 4XSetUps - DTE Still A Good German Conservative Base Stock
For weeks, months new annual highs, new highs since 2001“!
is that going well? is that too much? an overreaction?”
In a weak economic environment in Europe, let alone here in my home country of Germany,
DTE shares are one of the most stable stocks, from the 
DAX . The share price has been climbing to a new multi-year high for weeks and months. And if we're lucky, we'll see a rise above €30 for the first time since 2001!!! The stock is well received by many traders and/or investors - it seems to be in high demand. Above all, the fast-growing subsidiary 
TMUS , which now has around 265 billion euros on its own, almost twice as much as its parent, remains the driving force. Market share has been gained here for years, and this is unlikely to change in the foreseeable future. Which is why DTE remains a basic investment for conservative, freedom-loving traders and/or investors.
“first principle: Think for yourself to decide 1) what you want, 2) what is true, and 3) what you should do to achieve #1 in light of #2 . . . . . . and do that with humility and open-mindedness so that you consider the best thinking available to you.”
Ray Dalio
€29.78 : 2024/11/26 - last price action
€28.66 : 2024/11/12 - Yesterday's Day Before High
€28.45 : 2024/11/14 - Today`s GAP Low After QR
€28.17 : 2024/11/14 - Yesterday's GAP High Before QR
€27.66 : 2024/11/13 - Yesterday's Low
The
DTE stock is on the way up - no question about it! But that shouldn't blind us, let alone ignore the view downwards. That's why the important price actions are still the same. Because if the bears get a taste for taking it - to make money in this stock - and win back the above-mentioned price action (above €28) - we could see a price action of down to €27 again, even more deeper, until the end of this year 2024.However, let me lose some fundamental words:
this long 4 SetUp is also not a call to action - but rather just an opportunity for action so that you can learn something, so that you can get to know me better as a coach, trainer, educator. The decision is always yours: buy, sell or do nothing. Which is why I definitely won't be changing the target price - although you can move it up if you want. I will then perhaps formulate a new long 4XSetUp - or not. As I just said, the decision is always yours: long, short or no action.
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€30.00 : 2025/06/30 - Target Price
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€29.78 : 2024/11/26 - last price action
€26.91 : 2024/09/16 - Entry Price
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€23.00 : 2025/06/30 - Stop Price
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Have a good time
- regardless of the price action!
Aaron
“daily 4XSetUps - …” is pure information material!
By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in
DXY every day so that we learn something new daily.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.