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Mouzy92

TAKEAWAY (TKWY) Big upwards potential !

Long
JUST EAT TAKEAWAY.COM N.V. (EURONEXT:TKWY)  
Mouzy92  
EURONEXT:TKWY   JUST EAT TAKEAWAY.COM N.V.
Elliott Wave Growth Moving Averages
1
2
elliottwaves growth movingaverage
Takeaway just confirmed the bottom by not dropping under the channel band on the weekly.
Therefore I will take a trade to try to reach the upper band (122)

RSI: Oversold
EMA200
ABC correction (Elliott Wave)
On balance volume is shaping up.

A rebound seems reasonable.

Enter:
First target: 95
Second Target: 122
SL: 72
Risk Reward Ratio: 1/5
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