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Akostomor
Apr 7, 2018 10:52 PM

Buy Nemetschek at around EUR 92 and sell at EUR 107.5 -> 16.8% Long

NEMETSCHEK SEXETR

Description

Nemetschek SE has great fundamentals. Increasing revenue and profit every quarter which beat the estimates all the time. Bullish trend. Well identified Fibonacci levels -> Fibonacci 1.618 level was broken through upwards on the weekly chart, therefore next possible stop is Fibonacci level 2.618 -> at EUR 107.5

Buy around EUR 92 and sell it on EUR 107.5 -> It would mean a yield of cca. 16% in a couple of weeks.

Cheers,
Akos
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