• 321 days Will The ECB Continue To Hike Rates?
  • 322 days Forbes: Aramco Remains Largest Company In The Middle East
  • 323 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 723 days Could Crypto Overtake Traditional Investment?
  • 728 days Americans Still Quitting Jobs At Record Pace
  • 730 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 733 days Is The Dollar Too Strong?
  • 733 days Big Tech Disappoints Investors on Earnings Calls
  • 734 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 736 days China Is Quietly Trying To Distance Itself From Russia
  • 736 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 740 days Crypto Investors Won Big In 2021
  • 740 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 741 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 743 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 744 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 747 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 748 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 748 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 750 days Are NFTs About To Take Over Gaming?
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