YSN | Secunet Security | FA & TA | Its encrypted, Baby
FA
Secunet is a German based company. Working field is IT security highly focused on encryption. It received since 2014 atleast 3 ongoing big contracts (SINA, Golden Reader Tool and easygate by the German Government agency and departments. With the current financial situation of the German government it could possible have negative effects here and is in support with my TA as i expect price to go further down.
Its also so mention that Profit margins are currently almost half than it was in the previous years (11.4 to 6.5). However the current earnings forcast is 10.4% per year for the next 3 years and as the debt level is low + renvue is still high i see a potential for the next coming years.
TA
Its currently in a volatile downtend that seemed not over yet. The two buy zones are based on the next two big S/R levels. As i want to have exposure and to hold long term anyways i marked out 2 areas where i plan to buy.
Entry: Price reaches the buy zones
Invalidation: none
S-L: None, as long- term- hold)
Target: 50% of the recent Swing in confluence with a strong S/R level that caused the current downtrend
Good luck
Disclaimer:
- My posts are mostly for my own journaling
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Secunet is a German based company. Working field is IT security highly focused on encryption. It received since 2014 atleast 3 ongoing big contracts (SINA, Golden Reader Tool and easygate by the German Government agency and departments. With the current financial situation of the German government it could possible have negative effects here and is in support with my TA as i expect price to go further down.
Its also so mention that Profit margins are currently almost half than it was in the previous years (11.4 to 6.5). However the current earnings forcast is 10.4% per year for the next 3 years and as the debt level is low + renvue is still high i see a potential for the next coming years.
TA
Its currently in a volatile downtend that seemed not over yet. The two buy zones are based on the next two big S/R levels. As i want to have exposure and to hold long term anyways i marked out 2 areas where i plan to buy.
Entry: Price reaches the buy zones
Invalidation: none
S-L: None, as long- term- hold)
Target: 50% of the recent Swing in confluence with a strong S/R level that caused the current downtrend
Good luck
Disclaimer:
- My posts are mostly for my own journaling
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)