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The result are bad but the guidance are optimistic on EU and US for Q3, I think that a return to 42€ the 50% 'd be a buy signal for the first target break the 61.8%
CCI crossing -100 , RSI was oversold, elliot wave extension (1,6 wave 1) gives target of 65
Randstad has succesfully tested the trendline from the tops in 2015 and 2017. The trendline acted as resistance at first, but became a support during the recent correction. Today, the earnings report is positively received by the market, so this provides a good entry for long positions.
Price first dropped on monday. Still expect a limited move up before the drop. Forecast Randstad for the coming weeks remains: limited move up to 54.85, then move down to 52.00. Move down should be completed in the around Februar 9. This update is a follow up on this chart:
Forecast Randstad for the coming weeks: limited move up to 54.85, then move down to 52.00. Move down should be completed in the around Februar 9.
Randstad is a good indicator for dutch economy and for performance of the AEX-index. I wait for a harmonic price at 54,45 euro to short