DAX 30 Deutsche Aktienindex ~10 Year log trendChart of a ~10 year-ish long trendline on DAX 30. Do trendlines mean anything? Maybe. Maybe not.
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Deutsche
Deutsche - Bottom not yet reachedDeutsche Bank has been in a long-term downtrend since May 2007 and is still in tact. A short backlash should, however, be taken into account and bring the shareprice again in the range of about 11 €, before the final low can be formed and the correction pattern will end with the 5 of the 5 of the C.
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
A german smallcap is about to breakoutI normally dont like to bother you with highly speculative small caps i invest in, but this chart is just a beauty i had to post.
This german small cap is about to rip higher in my opinion. Fundamentally its extremly undervalued, i encourage you to do some research on Deutsche Rohstoff AG.
The chart is also screaming for an imminent breakout higher.
Shortterm i am seeing 50% potential and longterm a 100% return is possible.
Breaking the former all-time highs around 31€ is just a matter of time in my opinion.
I am personally invested in this stock, and please do your own research fundamentally and technically before investing.
Blessings to you all.
Commerzbank can finally see the lightIt seems that they are finally approaching the border of the underworld.
Has been moving in a determined and strong way which makes me believe that in the next two months it will probably cross the barrier of 13.80.
If so, it could be a very special year for Commerzbank.
Best wishes to all!!
EOAN to change the world you need to change your trendDefinitely has to touch the support area, not only because the downtrend we have, but also for the importance and the attraction that generates a support cluster like that one.
However, despite the need that seems to have to touch it, I do not think we have the strength to cross it, so a rebound is very possible.
if it were to cross, the next important support is in the area of 7.0
Although this plan requires some months to complete it seems to me that it is quite important for the area in which it is located.
I hope you find it useful
Best wishes to all
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.
THYSSEN KRUPP VERY PROMISING FOR BULLSI really like this stock, and i think we could easily see a 20% rally in the coming weeks.
I already bought it some time ago at 22.35 and my emergency stop is currently slightly below 20, i will probably close the position if we break the 22.00 level and dont show signs of a strong reversal.
In my eyes 22.00 is a key level if we break it and stay below it, there is a chance that we are having a top here and an extended downmove is coming.
But looking at the fundamentals regarding this company and the general steel sector i am seeing more chance for a rise towards the 26.40 level to test the 2015 high in the coming weeks.
In my opinion there are 2 options to play the long side on this stock.
1st. buy dips around 22.30 and look for a move towards 26.30, and closing it if it falls below the multiyear trendline and stays below it.
2nd. more conservative option to wait for a false breakout lower toward 21.50 catch it there in hope for a strong reversal, gunning for the next leg higher towards 26.50. And closing it if it does not show any signs of reversing higher.
In both cases its a nice stock to have in the portfolio
Blessings to you all.
Can it be anymore clearer than this?Clear wave pattern seen in the XLF -0.25% ETF .
I'm expecting one final push up from 23.54 right now in the next few weeks with a target of 24.76 (76.4% retracement of 2008 highs).
It would have been pretty good level to accumulate some long term puts up to a year.
The anti-bank sentiment is far from over, and almost certainly not right now. Trump rally at least in the short term is not going to unwind the fact that we're in a deflationary cycle and it will only get worst.
DEUTSCHE TELEKOM HUGE BULL POTENTIALThe chart tells the story quite accurate. We are within a textbook longterm uptrend.
The market has been consolidating for about a year, creating a big range, that is in my opinion currently coming to an end and providing us with a beautiful buy opportunity.
In recent weeks the market formed the right shoulder of this inverted S-H-S pattern and it led to an impulsive wave towards the 16 handle. In my opinion it confirmed that dips towards the important 15 figure should be bought with a stop below 14.
Deutsche Telekom might be in 2017 on its way towards 20 or even more.
Interim resistance is around 17.50, partial profits can be booked there and stop should be of course trailed.
Also looking at the fundamentals, shows Deutsche Telekom is based on a solid footing and there is quite a bullish potential showing.
Good luck and keep it simple.
Royal Bank of Scotland is next be hit with a hefty US settlement"...Its progress with the DoJ is particularly important to Royal Bank of Scotland, because the British lender is also expected to be hit with a hefty US settlement . RBS posts third-quarter results tomorrow but is not expected to give a substantial update on its DoJ talks because they are not thought to be at an advanced stage ..."
27 OCTOBER 2016 • 2:33PM
Source: www.telegraph.co.uk
Possibly a very good place and time to plan a short position - technically and fundamentally.
DB in $. Short near the end. EW at its best.As a reminder, please look at the old chart idea down at the links. Price action and elliottwave at its best.
The old longer short target was 16 $. But from the waves I cannot see an end to it. I wait for a long signal, a wave is finished formation, to try to catch the next big move long.
How to trade? Short positions stops bring closer, long positions not yet, waiting for the first impulse wave up then take the second impulse wave as an entry.
Be aware: The top formation two years ago was more clear to me, and like in WTI, the bottom will come fast and swift. V Rulez. But to try to front run the bottom may cause unnecessary pain in the depot. Just wait for it.
Deutsche shorter or longer short. Revisited. Wow. This one was spot on. See link below. From 50,80 to 31,76. Couldn't be more happy for the analysis, sadly I did throw the trade away, way too early.
So why now the revisiting. Because. The green line could start, so at least the stops should be brought closer, or parts taken of the table. The 35 could be a nice stop.
My wave sentiment: So neutral to short. ;)