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harmjanbosscher
Aug 21, 2023 9:25 AM

$ADYEN breaking ~900 support, heading to ~725 support Short

ADYENEuronext

Description

  • Breaking current minor support ~€900.
  • Heading to next major support level ~€725. Possible relief rally there.


EURONEXT:ADYEN

Comment

Classic bounce. Now backtesting 1250 area.
Comments
Robinsmagicshow
Now slowly to 725. I will probably buy call options to 800 after the touch. What is your plan?
harmjanbosscher
@Robinsmagicshow, I am not touching this stock for now. Technically it should retest ~1200 one day, but the disruption in the fundamentals is huge. Need to read next report.
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