Flow Traders ready for higher levelsSince September Flow Traders has been forming a classic Head and Shoulders patters. Today it clearly broke the neckline. Based on classic H&S guidelines for price targets, the current rally could at least send the price to 22 euro.
On a more fundamental side I think Flow Traders will profit from sl
Key stats
Market capitalization
1.142BEUR
Dividends yield (FY)
5.74%
Price to earnings Ratio (TTM)
9.46
Basic EPS (TTM)
2.94EUR
About FLOW TRADERS
ISIN
BMG3602E1084
Sector
Finance
Industry
Investment Banks/Brokers
Website
flowtraders.com
CEO
Mike Kuehnel
Headquarters
Amsterdam
Employees
660
Founded
2008
Flow Traders Ltd. engages in the provision of liquidity in exchange traded products. The firm also offer liquidity in foreign exchange and cryptocurrency. It operates through the following geographical segments: Europe, the Americas, and Asia. The Europe segment consists of activities in the Netherlands, with branches for institutional trading in France, UK, and Italy, and information technology operations in Romania. The Americas segment includes the United States of America. The Asia segment covers Singapore and Hong Kong. The company was founded by Jan van Kuijk and Roger Hodenius in 2004 and is headquartered in Amsterdam, Netherlands.
Waiting for uptrend confirmationCurrently waiting uptrend confirmation. As soon as SMA10 is crossed and OBV keeps its vector upwards long postions can be taken. Expect confirmation in the 28-29 range. Looking forward to your feedback.
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