This happens to be some crap this side of the pond
But it doesn’t matter
Imagine it’s any of those things you wouldn’t consider buying RN…
Zoom, Peloton, Ark, Altcoins
And ask yourself if smart money has been buying or selling over the last few months
Roo has been a disappointment from a price perspective since listing north of 380 and now trading at 81. I am looking at a base forming and want to play that base holding to a target of 100. Potential R OF 2.87.
This is my view for ROO, if we succesefully Break the 132$ Level, Entry Will be confirmed, if not, I will update with new entry level.
StopLoss at 100$
Target at 190$
NFA, DYOR, and don't forget to use proper risk management.
Let me know what do you think in the comments! Press that like button to show support!
$ROO trying to find support
Deliveroo growing fast but also need to show better results, $3,90 start price to $1,44 is a big fall, the business has potential just (DD) just an idea not a financial advise
Future opportunity following a weekly green close when it appears.
Best buy zone is the accumulation zone, 55% back to all time high levels.
This may take several more weeks correct.
RSI & MACD continue a downward trend.
MA's are not yet corrected.
We will be blessed for a Xmas pump if economical and logistical recovery pervails? The confirmation of the...
Deliveroo is showing signs of strength, ive been accumulating all the way down as i like the stock and i like the business!!
Never really used arcs in trading before (used it on an alt coin once and it worked, coincidence maybe?!) so itll be interesting to see how this plays out, usually stick to price action and Fibs but anyways!!!
Trade safe people... not...
It is important to note that just because this is Amazon backed company does not guarantee it is going to be a success !
At least immediately ........
This article points out the various reasons why it fails to deliver other than not making a profit yet.
So, you must be prepared to hold for the long haul if you want to invest with IPO shares. Not all IPOs are...
Deliveroo Plc engages in the provision of online food delivery services. It operates through the UK and Ireland, and International segments. The company was founded by William Shu in February 2013 and is headquartered in London, the United Kingdom.