• 394 days Could Crypto Overtake Traditional Investment?
  • 399 days Americans Still Quitting Jobs At Record Pace
  • 401 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 404 days Is The Dollar Too Strong?
  • 404 days Big Tech Disappoints Investors on Earnings Calls
  • 405 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 407 days China Is Quietly Trying To Distance Itself From Russia
  • 407 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 411 days Crypto Investors Won Big In 2021
  • 411 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 412 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 414 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 415 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 418 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 419 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 419 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 421 days Are NFTs About To Take Over Gaming?
  • 422 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 425 days What’s Causing Inflation In The United States?
  • 426 days Intel Joins Russian Exodus as Chip Shortage Digs In
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Swing Trade Idea - A Bank

Elvis

Here is a stock that looks to make a move, it has just completed a consolidation pattern ready to swing on!

Would you but this stock? If so, then this is a chart of Deutsche Bank AG (NYSE:DB) turned upside down (inverted). So if you think this chart looks like a great long trade, then in real life you had better short it. Sometimes turning a chart upside down helps the chart reader to see the better view, because it is easier to look at stock in a bullish trend that those that are falling. Simple human nature!

Deutsche Bank Weekly Chart

Investing Quote...

"Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states." ~ William D Gann

"Don't try to buy at the bottom and sell at the top. It can't be done except by liars." ~ Bernard Baruch

"The main purpose of the stock market is to make fools of as many men as possible." ~ Bernard Baruch

"To me, the 'tape' is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!" ~ Martin Zweig

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros

 

Back to homepage

Leave a comment

Leave a comment