My long term trading idea for patient penny stock traders
#Steinhoff - buy / long via a limit order
Buy price: 0.0555 EUR
Target: 0.3000 EUR (+440%)
Stop: 0.0193 EUR
Steinhoff in free fall. The stock remains speculative until the retail group becomes profitable again on a long-term basis. Steinhoff has already made significant progress in its turnaround and reached an agreement with its groups of claimants. Therefore, the further operational development is now even more important.
Steinhoff subsidiary Pepco as a driver? The Pepco Group delivers good results for its first fiscal year. Pepco board replaced by experienced TESCO manager, from whom it is expected to continue on a profitable path. Pepco opens first branch in Berlin/Germany.
From a chart perspective, there is hardly any ground left. At approx. EUR 0.10, the next support is waiting, which can fall quickly in the current market and volatility situation.
My conclusion: highly speculative, highly volatile and therefore trade with adjusted capital! I speculate on turbulent market activity and wait with my limit order at 0.0555 EUR. I have more time and less pressure than Steinhoff! :-)
#Steinhoff - buy / long via a limit order
Buy price: 0.0555 EUR
Target: 0.3000 EUR (+440%)
Stop: 0.0193 EUR
Steinhoff in free fall. The stock remains speculative until the retail group becomes profitable again on a long-term basis. Steinhoff has already made significant progress in its turnaround and reached an agreement with its groups of claimants. Therefore, the further operational development is now even more important.
Steinhoff subsidiary Pepco as a driver? The Pepco Group delivers good results for its first fiscal year. Pepco board replaced by experienced TESCO manager, from whom it is expected to continue on a profitable path. Pepco opens first branch in Berlin/Germany.
From a chart perspective, there is hardly any ground left. At approx. EUR 0.10, the next support is waiting, which can fall quickly in the current market and volatility situation.
My conclusion: highly speculative, highly volatile and therefore trade with adjusted capital! I speculate on turbulent market activity and wait with my limit order at 0.0555 EUR. I have more time and less pressure than Steinhoff! :-)
