We think Galapagos is undervalued at current levels. The price will be heading $240 soon.
Cup and Handle formation.
The RSI / MACD and volume showing signs of recovery from recent 60% correction.
First price target: $ 240
Second price target: $350 - $480 (2022/23)
Full year 2020 results:
18 Febuary 2021
Webcast 19 February 2021, 14.00 CET
RSI and MACD are both overbought for AEX.
There is not any room left for further gains this year. Short untill may 2020.
AEX is going to retest previous lows. The fall will begin in one these days / weeks.