Adyen is ready for a small bounce from strong support.
Nostramitchus foresees a downward trend in Adyen for the foreseeable future. After testing upwards resistance for a while now, Adyen is likely to trend downwards with a final stand to reappear. Better long those shorts.
Short entry for ADYEN predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Short entry for ADYEN predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
We need to stay in the channel but need a bounce. RSI is showing divergence, but I feel like we're going to dip and bounce again.
📖Amsterdam-based Adyen was founded in 2006 and its platform lets merchants accept electronic payments linked to credit cards, bank accounts, cash-based systems, and other services. Its main strength lies in solving clients' complex payments problems of combining multiple currencies and multiple payment methods in different regions. It helps them offer payments...
Adyen is making a correction in a strong uptrend. On balance volume still rising and DRSI is bottoming to an oversold state.
Ones of those stocks that outperfoms markets, every index has a few, about 20/25% actually, this is one from the AEX25 index. It went up from support, going for 1512 again.
My list of stocks wich i hold in may-june and enjoyed their perfomance: On-line retail platforms and covid gainers PDD (Pinduoduo) HFG (Hello Fresh) ADYEN (Adyen) SHOP (Shopify) 3690 (Meituan Dianping) Adyen have a great potencial to go up, and all of this companies have a great potencial next 3 years. I reccomend to buy warrants for 2022-2023 year.
Adyen is currently in overpriced. This bubble is about to burst. The current P/E Ratio is 191.0 We think that a pullback in this giant run will be healthy. Price target: € 800 - € 850.
ADYEN has been on an impressive run since approximately EUR 700,-. The channel it formed has recently been broken and a head and shoulders pattern seems to be forming. So for me it's time to sell and look for potential buying opportunities. There are several smaller supports close by, but the first one with slightly more history is around 870-900. This number...
Spinning top, might be exhausted and sign of indecision on weekly. There is a negative divergence on rsi too. If you find my charts useful, please leave me a "Like"
Adyen is a payment provider comparable to SQUARE, but in Europe. Recently it has won huge clients from Paypal (i.e. Ebay). The Company is trading still under-valued compared to SQUARE. - Revenue growth is double 70%+ vs. 44% of SQUARE - Profitability is great 7%+ vs. -1.5% Still up-side potential, but also in bottom of current range. So definitely a good buy-in...
Tomorrow will Adyen publish its half year results. Expecting is huge and there I am expecting a long between 710 and 745 EUR.