Dear traders and followers,
at the start of the week Morgan Stanley analyst George Webb downgraded the Teamviewer share from “Overweight” to “Equal-Weight” and lowered the target price from 48€ to 18.50€. According to the “Equal-Weight” rating the US Investment Bank expects an average total return on the share compared to other values observed by the Bank in the same industry. A period of between 12 and 18 months is used.
Should the next test of 13.5€ be confirmed as new support I assume that a trading range in the range of 13/14€ – 18/19€ will be formed for the next weeks.
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at the start of the week Morgan Stanley analyst George Webb downgraded the Teamviewer share from “Overweight” to “Equal-Weight” and lowered the target price from 48€ to 18.50€. According to the “Equal-Weight” rating the US Investment Bank expects an average total return on the share compared to other values observed by the Bank in the same industry. A period of between 12 and 18 months is used.
Should the next test of 13.5€ be confirmed as new support I assume that a trading range in the range of 13/14€ – 18/19€ will be formed for the next weeks.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/don't miss any new ideas
Thanks for your support !
Trade active
Comment:
Today was the final dip before up move starts
Comment:
finally the 4 hour RSI made a bullish divergence. Lets get ready for profits as soon the price break and close above the pointed down trend line
Comment:
nice breakout. Next stop 15.30
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.