Adyen lost a huge customer, Uber. Uber will handle payments itself and has received a license from De Nederlandsche Bank (DNB) for handling all electronic payments. I think Adyen has gone too far and is ready for a huge correction. First price target: € 550 Second price target: € 400 - € 470
Notice the crossings of the trend line with the horizontal fib levels and red pl lines. We often see a change or acceleration of a trend during those periods.
this can be a great opportunity to step in into shares now. Adyen will continue to grow for years to come and become a player of paypal. In the future how I have made the graph will take something higher or slightly lower, but always remember WIN IS PROFIT
this can be a great opportunity to step in into shares now. Adyen will continue to grow for years to come and become a player of paypal. In the future how I have made the graph will take something higher or slightly lower, but always remember WIN IS PROFIT !!!!!
The Entry The break of $600 a key resistance point as a nice whole number and as the Fibs 0.61 point ADL has been gradually rising and RSI is nicely at a 53% Will look to enter 1 hour after London opens today The R/R so far looks like a 1:1.5 ratio The Situation With the close of Oct, money seems to be flowing back in the the markets Midterms are...
Buyers should come in as ADYEN drops down to ipo range. People who missed the run to 700 will be delighted to see the stock back in the high 400 - low 500 range.
Testing a new method here, I'm trying to predict future resistance areas without price history (new stock). I'm very curious how it's going to play out. Company Profile: Adyen is a technology company offering a single integrated platform that facilitates frictionless payments for merchants across channels and geographies. Source: Cofisem - Last Update: 08 Jun...
Brand 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...