AMX
FUGRO LONG Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geophysical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geotechnical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services. In addition, it offers positioning and construction support, satellite positioning, monitoring and forecasting, IRM, ROV services and tooling, and marine infrastructure solutions. Further, the company provides digital plant and pipelines, surveying and mapping, rail data, roadware surveys, Roames power, and land weather forecasting services. It serves in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India. The company was incorporated in 1962 and is headquartered in Leidschendam, the Netherlands.
Basic-Fit ascending triangle, bullish at openEURONEXT:BFIT is making a beautiful ascending triangle on a good volume. This is my top pick to watch and go long because it has enough fuel left. Lost over 70% of its value because of the Coronavirus but it's a great growth company (successful gym business in Europe). You can trade Basic-Fit on the Dutch Euronext stock Exchange (Amsterdam).
AMX W TF Broke Out And Giving Us A Bullish CSF At The Backside Amex Weekly Broke Out of From The Down Trend Line Taking Out Some Major Highs,
Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break.
On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish,
If the Market Decides to Fall More I Will Look To Add To My Position At The Up trend Line If Necessary
- Weekly Low Price
- Weekly Bullish CSF
- Trend Line Break
- Weekly CTL Break
Adyen pennant forming, ugly IPOBrand new IPO stock EURONEXT:ADYEN is forming a pennant. It can go either way from this point so do only trade it after a breakout. I'm not planning to trade Adyen in the near term because there are big risks involved:
Newly listed stocks can do wild things, so use a tight stop loss.
The free float of this stock is very low. All shares are allocated to institutional investors at the time of subscription. They had to sign a contract which states that they want to hold the shares for several years. Only a small part of the shares can be freely traded (<15%). The price can therefore go up but also go down quickly.
If I were a value investor I would definitely not trade this stock because of the low free float. I think that private investors, in particular, are now pushing up the price and will get trapped with expensive shares.
Disclaimer: this reading is intended to explain the risks and high valuation involved with this stock. This is absolutely no investment advice.
General information: Adyen is a global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments. Adyen has more than 5,000 customers and is listed on the stock exchange Euronext.
AMX Head and Shoulders 2:1 Short opportunityPros:
- Clear head and shoulders
- High vertical distance
- Nice volume contractions
- Volatile stock
- Average short interest (1.77%)
- Rather close stop
Cons:
- Right shoulder is slightly higher
- No clear longterm trend
As you can see my suggested trade setup gives a risk reward of 2:1. If the stock behaves nice and breaks down, i think this is worth a position. Let me know what you think!
Cheers