Is DHL Group ready to break the long term triangle? 200dma is still acting as major resistance but approaching the end of the triangle. The chances might be high that breakout occur before the end of the year. 2nd quarter numbers were good. 6-6.5 billion EUR operating profit confirmed for 2024. Decent dividend of 4.5% at current prices.
Melanie Kreis, CFO DHL Group: "Thanks to our unique logistics portfolio we are well prepared for when global trade regains momentum."
0H3Q trade ideas
DHL: The low has been delivered 📦Due to the current upward movement of the DHL share, we now consider the low of the green wave (1) to have been reached. Consequently, the share price is currently already in the green wave , which is likely to continue for some time. We expect this wave to end below the resistance level of €47.05 and thus the start of a new downward trend.
Bearish ABCThe overall economic situation in Europe and even worldwide seems to be slowly but steadily deteriorating. However, if we are looking to short then deciding on a good target is very difficult, because it is difficult to anticipate which sectors might break first. For me, the most likely scenario will be that the consumer worldwide will slowly start running out of money to spend as loss of purchasing power due to prolonged inflation will start to bite. Hence, a global economic slowdown in shipping and distribution services, especially in and out of Europe seems to be likely.
Based on this fundamental hypothesis targeting XETR:DHL as one of the largest European transportation service providers is a logical choice.
Now all we are looking for is a technical signal to enter a bearish position and we believe to have identified a possible entry. It looks like there could be a bearish ABC pattern:
A - Bounce off 42 (done)
B - Rejection at 44
C - Breakdown to next support at 40
All possibly within the month of September.
We ride at dawn.
DPW // pennant formationWhile there is pennant formation on the chart, pay attention to the wedge resistance on the monthly time frame.
DEUTSCHE POST ,,, Buy opportunity Uptrend
It's passed of a major price level and i suppose uptrend has been started from here. Set a sure SL for it.
DEUTSCHE POST ,,, Based my strategy, This chart has started new uptrend and entry suggested by setting a sure SL for the buying position.
DPW // moving averagefor bullish let's wait for it to cross yellow 20 avg.blue 50 avg up. Watch out for wedge indicator resistance on monthly timeframe.
Trading Idea - #DeutschePostMy trading idea for Deutsche Post - verkaufen/shorten
Target 1: 34.00 EUR
Target 2: 29.00 EUR
Stop: 43.70 EUR
DEUTSCHE POST AG Long Setup with a tight stopNice hold of the upper trading range
Entry zone 52-53
Stop at 51.5
1. PT at 57ish 2. at ATH
DPW - Deutsche Post - EW analysis - 5th of 3rd waveDeutsche post - It seems in strong 3rd wave of impulse sequence and 5th subwave in progress since 56.65 level of 19th July. It is expected to move higher as it is strong outperformer to DAX index. It is possible that it go slight down below 56.65 as alternate 4th subwave of 3rd wave, but overall it is expected to move higher for 5th of 3rd wave up.
Deutsche Post breaks out !!after a long period of consolidation..bulls broke out whith good volumen
price is supported by ma100
MACD: bullish cross
R/R: 1.3
Target 1.618
DPW (DAX) - EW analysis - correction time DPW - It is in Y wave of complex correction or might be in C of flat correction after completing major impulse cycle from low on 4 hr time frame. It is bearish trade set up for down degree.
Give thumbs up if you really like the trade idea/analysis.
Next dip/gap long on Deutsche Post AG$DPW Deutsche Post AG NA O.N. (XETR)
4Hour Chart:
1). Limit Buy: 35.40€
2). Limit Buy: 34.78€
Entry Price: 35.09€
1). Take Profit: 37€ (+5.42%)
2). Take Profit: 38.52€ (+9.69%)
Stop Limit/Loss: 34 (-2.88%)
Risk Reward: 3.81
What do you think? Share your idea and enjoy our opinion.
REMOVE YOUR BIAS!
Thanks,
Disziplinierter_Trader
DPW/UPS pairIf DPW produces as good report as UPS, there will be negative correlation between the two
Deutsche Post - der Trend ist noch nicht vorbeiDie Deutsche Post ist schon sehr gut gelaufen - die technische Analyse lässt aber vermuten, dass der Trend stark genug ist um sich fort zu setzen.
Deutsche Post AG (DPW - Xetra) - Bulls in controlDeutsche Post AG (DPW - Xetra) is in strong impulsive move up side in 30 min time frame. It is in 4th internal wave of 3rd subwave up within 5th wave up of C wave cycle (reading this without chart is quite confusing - so look at the chart). It is good buy within 4th internal wave for new high to end 3rd subwave. Buy three wave pull back even after making new high to get another cycle up, which finally ends the C wave. In weekly time, it can be in a new up cycle or correction. So keep eye within 4 hr time frame to track the wave count.