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
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.