Traderherz-Analytics

Trading Idea - #HelloFresh

Long
XETR:HFG   HELLOFRESH SE INH O.N
#HelloFresh - my BUY

ENTRY: 41.00 EUR
TARGET: 52.00 EUR (+27% profit)
STOP: 32.90 EUR

HelloFresh has forecast revenue growth of 20 to 26 percent in 2022.

Last week, there was a reversal at the important support line, triggered by recent insider buying.

Nevertheless, the stock remains under pressure, so only a short-term recovery can be targeted.

The support at EUR 34.00 should remain a good basis for a trend reversal for the next few weeks.

http://www.traderherz.com - Algo Trading and Analysis
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