Hello,
TeamViewer SE is a holding company, which engages in the provision of a cloud-based platform to network computers, machines and industrial equipment and digitally supports work processes along the entire value chain in both the industrial and service sectors.
The company is already forming an upward trend on the daily timeframe. Look for buys once we...
TMV Teamviewer had its good momentum in 2020 and thereafter fell of from the traders radars. In the meantime the company has proved that it should not be mixed up as another "Zoom" company as it targets institutional accounts through its AR platform.
The recovery should be underway and a 23 eur PT could be realistic.
Watch to stop if the stock drops below 11 eur.
Hi Traders,
this stock may be forming a trend reversal formation in form of a cup and handle.
Buy now is a good ratio with a strong support at about €11.
Have a successful week.
I have been following TeamViewer for a while with the Falling Wedge Pattern. After a while I noticed a form of a Cup pattern and now one Inverse Head and Shoulders that for me shows that the cup pattern will proceed. Another indicator to be at the look out is if it breaks the Falling Wedge Pattern, that for me will also indicate a strong buy.
If it pulls back on...
Dear traders,
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
...
De ar traders and followers,
at the start of the week Morgan Stanley analyst George Webb downgraded the Teamviewer share from “Overweight” to “Equal-Weight” and lowered the target price from 48€ to 18.50€. According to the “Equal-Weight” rating the US Investment Bank expects an average total return on the share compared to other values observed by the Bank in...
As predicted TMV made the first WAVE 1 up after the long correction. Of course this was only a first internal move. Long term we can expect 100 EUR + x I guess.
For my swing trading I wait for the end of WAVE 1 and the trend line and resistance level. Here I expect a reversal into WAVE 2 with a 0.618 FIB target in mind.
From there, as soon as we have...
Based on my Elliot Wave count is see the end of the daily ABC correction. We have Divergence on the daily, 4h and 1h. All FIB levels from WAVE C look great.
With this in mind we already startet the 1h time frame wave 1 up which we also see by the trendline break. I want to wait for the re test (WAVE 2) and look for buy setups around 0.618 and 0.786 Fib.
If we...
Teamviewer AG buys upskill.
Teamviewer continues to expand its business. Positive news that could boost the share price in the short term.
From a chart perspective, Teamviewer is in a range. In the last few days, however, there has been an increase in volume, which reflects great interest in the share.
After a clear pinnbar and the move above the conversion...
Since December 2020 the stock used to bounce on the 200 SMA .
Before it was breaking through the 200 SMA but it tested it again and moving around it.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the Fibonacci 0.78 again.
If the stock breaks through the resistance there is nothing...
Teamviewer is at the bottom of the trendchannel. There is an bearish trend channel which needs to be broken. Probably the bigger bullish trend will be stronger and TMV will stay in the trend channel. The RSI just entered the oversold region in the 3 month chart. Where TMV normally doesn't stay long. As long as the stock stays in the channel go long.
Stop: As...
Teamviewer has seen a very strong pick up both revenue and net profit due to COVID, similar to Zoom.
However, there has not been a similar strong increase in share value yet.
While Zoom has skyrocketed and trades at around 2,000 times earnings and 79 times revenue, teamviewer is still at a relatively low 80 times earnings and 21 times revenue, respectively.
On...
On Wednesday, German software company TeamViewer glided lower in its share market introduction. This was after the remote connectivity expert unveiled. It has been then the European’s biggest initial public offering of 2019.
Shares opened parallel with the offer price of 26.25 euros. On the flip side, it has slipped to 25.32 euros in early trading.
The dropping...
