Have a great day
Another fun story :D By the way, the number of baghodlers on Tesla is down now that the price went up. Got their chance to break even on idiotic buys. DB baggies spiked during the whole day of the 08 July. Did some guru tell his gullible paid group to buy the "bottom"? Or whale uses Baginhood? DB baggies have been following the usual baggy path: exact opposite to...
I have no idea what I am doing but im gonna post this for clout anyway. Lets get it.
Excellent interview of cycle analysis by Charles Nenner on DBank. Could A Bdank failure be a canary in the goldmine? www.youtube.com
Must be living in the matrix because Deutsche Bank looks bullish LOL
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The fundamental analysis of this is fairly easy. Mergers are good for stocks. Why? Because it usually means increasing profitability. Why? Because it oftentimes leads to reducing inefficiencies and eliminating two teams that could be consolidated into one whether its with commercial banks, foreign exchange desks, etc. This merger would lead to the cutting of...
$DB - Deutsche Bank is now ready to move lower towards the 2019-03-22 cycle low point on Friday next week with the rest of the equity markets. Projection Model - 2-Day Cycle - 2019-02-01 - 2019-06-29 i.imgur.com
I have read an article today about the possible merger between Commerzbank and Deutsche Bank, few people seem to be reading up on it! Very soon we will hear about how EU banks are a zero and Deutsche will be the first to collapse. A backdoor bailout is likely to change that.
Deutsche Bank - DB - weekly Range 21.16 - 7.66 resistance test at top of mean at 12.73 macro trend uncertain VOL ATR - SHORT RSI MACD - flat/low momentum support test at 7.66 neutral/bearish outlook
As the default risk for Deutsche Bank keep increasing by the day it is now technically ready to move lower towards it's default target of 0.11€ it is still to date the most obvious contagion to the stock market crash of this decade. However the most likely target on the way down will first be 2.5€ which sits on the trendline from the top notation in May of 2007...
DB/ "W" pattern after bigger short ( daily, weekly) Triangle, flag with nice and aggressive pool entry on strong SR with nice points of respect
Either DB will reverse course from here, or it will break down below this lower support and cause lots of pain for folks holding it!
DB is the next Lehman, there is no saving it from this black hole!