Traderherz-Analytics

Trading Idea: FlatexDEGIRO

Long
XETR:FTK   FLATEXDEGIRO AG
BUY
ENTRY 106.00 EUR
TARGET: 115.00 EUR (8.5%)
STOP: 102.80 EUR

1.) Strong and intact upward trend after correction phase in February and March 2021

2.) Trend continuation confirmed by the bearish ascending triangle with a rising lower trend line!

3.) The online broker's first quarter did much better than expected. The number of customers has increased significantly.

4.) flatexDEGIRO is growing faster than three major competitors in Europe together - forecast for 2021 increased again significantly. New location in Hamburg confirms growth plans.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.