DWS GROUP (DWS): Upswing in Germany's Financial Sector

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DWS GROUP (DWS): DWS

Analyzing the relatively young German stock, DWS Group, listed on the Xetra exchange in Germany, we find ourselves in an overarching Wave (3). We start this count at the Corona low of €16.75. Wave (2) concluded at €23.21, and our old high is at €41.88, which also represents the level of Wave (1). Naturally, for Wave (3), we aim to surpass this level. Subordinately, we are also in a Wave 3, and at an even lower level, again in a Wave ((iii)). We're looking to identify our entry point at the conclusion of Wave ((iv)). We anticipate some upside for the encapsulated Wave ((iii)), expecting the level between 227% and 261%, roughly at the all-time high, before we turn and complete our Wave ((iv)), and then fully develop the subordinate Wave 3.

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Ghi chú

We have just published an update on our analysis under the following link. Please take a look.