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AEX

Adyen pennant forming, ugly IPOBrand new IPO stock EURONEXT:ADYEN is forming a pennant. It can go either way from this point so do only trade it after a breakout. I'm not planning to trade Adyen in the near term because there are big risks involved: Newly listed stocks can do wild things, so use a tight stop loss. The free float of this stock is very low. All shares are allocated to institutional investors at the time of subscription. They had to sign a contract which states that they want to hold the shares for several years. Only a small part of the shares can be freely traded (<15%). The price can therefore go up but also go down quickly. If I were a value investor I would definitely not trade this stock because of the low free float. I think that private investors, in particular, are now pushing up the price and will get trapped with expensive shares. Disclaimer: this reading is intended to explain the risks and high valuation involved with this stock. This is absolutely no investment advice. General information: Adyen is a global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments. Adyen has more than 5,000 customers and is listed on the stock exchange Euronext.
EURONEXT:ADYEN
by Barteljaap
2
AEX Index Amsterdam: Feeling very heavyThe near-term outlook (420-minute intraday) remains bearish: the recent swings have been fierce but remain below the 50% retracement at ~540. Clearing minor triggers at 532 should ring in a renewed sell-off towards 528.40 and roughly 520. With stops above 540 this is a very favourable short-setup. For the longer term things have become a bit tricky. Albeit premature, the weekly chart does show the contours of a large H&S reversal pattern. It is not our favourite pattern, but the location and symmetry are noteworthy and should be taken into consideration. Furthermore, virtually all underlying stocks are bearish to varying degrees with the exception of Ahold-Delhaize and Philips Lights. In other words, there is a lot of market breadth for a considerable decline. We suggest shorting the near-term and covering only partially at 520. Maintain the rest of the shorts with (liberal) trailing stops. 480, 458.50 are realistic targets if the H&S actually pans out over the next weeks. OANDA:NL25EUR
OANDA:NL25EURShort
by buyem_nl
Aegon shortWe are currently seeing higher lows and comperable highs with the RSI moving towards overbought, around the 5.4 i expect there to be a short term pullback.Mid to long term still seems good, as aegon is undervalued (shown by their P/E ratio) in relationship to other parties in the same industry and the positive MA ribbon. As such my proposition is to hold long and buy short turbo/put options to cover short term movements. For the exit strategy of the short position a filter rule should be applied. If the movement doesnt complete within 7 days of buying the short/put or if aegon breaks throught the next resistance level for more then circa 2 days the short should be sold.
EURONEXT:AGNShort
by MichaldeW