Hi everybody today it's important day on financial markets ECB News Conference. Mario Draghi probably will announce size of assets purchase program.What that's mean? More exactly ECB is ready to inject liquidity on the EU areas.
About the QE in EU I've spoken in my last articles.It seems that QE has worked in US and UK ,will see what's going to happen.Despite some criticism like Harvard proffesor Larry Summers which said in Davos " The ECB QE won't work"
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In my view the QE will help to boost equity market in EU area,what company that I have in mind now is Deutche Bank.If somebody tell me is right time to buy AG share I say without hesitation yes.
TEHNICAL ANALYSIS
Now Deutche Bank price shares trade near 30 $/share more exactly 29,82 $ I could say it's an important level a psihologic if the price of share 're going to consolidate at this level I will see the price of shares going to 50 $/share even 70 $. On the chart if you looking to MACD indicator will see that the price is on the oversold position.The 50 $/share coincide with 50 % Fibonacci retracement
FINANCIALS
NET INCOME
2013 -666 mil
2012 -263 mil
2011 -4132 mil
2010 -2310 mil
TOTAL ASSETS
2013 -1611400
2012 -2022275
2011 -2164103
2010 -1856811
TOTAL LIABILITIES
2013 -1556681
2012 -1968274
2011 -2110713
2010 -1856811
TOTAL EQUITY
2013 -54719
2012 -54001
2011 -53390
2010 -48819
DIVIDENDS
2013 -1,025 USD
2012 -0,97 USD
2011 -0,92 usd
2010 -1,07 USDS
Important role will play Annual report of 2014 on 24 March
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