Here is my trading strategy for Nemetschek SE stock.
It seems we are losing a little bit of steam. Possible entry: Below 64,50 (wait for the break of the rising wedge) Possible targets: 62,50; 60,00 AND 57,50 Possible stopp: 68,00 Good luck.
Today's rise has been retraced correctly and may continue now.
Nemetschek SE has great fundamentals. Increasing revenue and profit every quarter which beat the estimates all the time. Bullish trend. Well identified Fibonacci levels -> Fibonacci 1.618 level was broken through upwards on the weekly chart, therefore next possible stop is Fibonacci level 2.618 -> at EUR 107.5 Buy around EUR 92 and sell it on EUR 107.5 -> It...