Commerzbank AG - Target: € 6,50Currently Commerzbank AG is oversold on the 2 h. chart. We don't think it will drop any much further.
Price target is currently 25% above current price.
COMMERZBANK trade ideas
Commerzbank. Time to bank.Daily long setup on CBK with higher timeframe confluence.
Stop buy for entry.
Ping PongI would say its worth it to wait a little and go in a long in this case. Although, this seems like a very complex correction ( coming from 300$ in 08 to 7$ in 2018) but I'd say given the previous support its worth it to go for along aiming the previous long time resistance. very long time play of course
Considered as a relative weakness of the stockThe reason to get in was that the stock was performing relatively weak to other stocks from the banking sector and market in general, longterm downtrend on the daily chart and approaching the previous day low (which wasn't broken eventually). Stop loss based on intraday's high formed not long after opening. Profit target around November 7 lows.
(Posted post-factum)
CFD's Commerzbank Pending buy orderCFD's COMMERZBANK 1hr & 4hr.
Bullish Cypher Pattern Forming.
Good luck!
Commerzbank ShortStrong downward momentum with a clear downtrend. Additionally, former support line might play out as new resistance.
Buying into correction on next open.
As bigger picture shows sideway movement not speculating on break of larger low at about 5.50. More aggressive target would be 5.80.
Commerzbank ShortStrong downward momentum with a clear downtrend. Buying into correction on 1W-frame.
As bigger picture shows sideway movement not speculating on break of larger low.
CBK Is a strong BUY more Info in the descriptionIt broke through several resistance levels and trendlines.
More often, it will break through the Long Term negative trendline which will mean that it will reach its old targets of 12+. However, I will be selling at 12. Please contact me if there are any uncertainties. uk.tradingview.com
Commerzbank to hit a major trend support
We might see a nice up move at the trend line. Don't care about the fundamentals, there is to much software-trading going on in these days.
The technical ages are back, so make sure to focus.
Only my opinion, so make your own research and like always
May the markets be with us
Commerzbank is a short - First target at 8.40 Analyzing the weekly chart, we have zero doubt about the upcoming direction.
First target for our BEARISH strategy is 8.40, where there is still a gap up to be closed.
See you soon with new trading ideas,
Simone
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!!
Commerzbank attacking important resistance levelsWaiting to see if the resistance levels will be broken. The area around 13-14.50 EUR looks critical. If all barriers are passed will open a long call (even though analysts' target price is around 11 EUR but they're usually wrong so...)
CBK chance to shortI say chance, because we need the price to bounce off that resistance first. It is a strong resistance, so it should hold. If it does not hold, be prepared to jump on an insane breakout! I am sure there are positions above that resistance, just waiting to be ordered. Talking of long positions.
So, either way, you really should have an eye on this one, as it is about to move.
I would prefer if it moves back down in the channel, but you never know, right?!
COMMERZBANK AG....buy after sure breakout uptrend ....enter to buy position after sure breakout and closing above tl
