BlueDimeInvestment

Adyen - Short

Short
EURONEXT:ADYEN   ADYEN
Adyen lost a huge customer, Uber. Uber will handle payments itself and has received a license from De Nederlandsche Bank ( DNB ) for handling all electronic payments.

I think Adyen has gone too far and is ready for a huge correction.

First price target: 550
Second price target: 400 - 470
Comment: Looks Adyen will first go up a little bit more to t € 780 - € 800, then shorting it all the way to € 550.

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