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Traderherz-Analytics
Apr 18, 2021 11:14 PM

Trading Idea: FlatexDEGIRO Long

FLATEXDEGIRO AGXETR

Description

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

Comments
CrisCherry
Target : 128€ - 146€.
Traderherz-Analytics
@CrisCherry, why not. :-)
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