Around €20 is an ideal accumulation range for the upcoming bull run. XETR:DHER has presented multiple buying opportunities in the past, and it appears we are now in Wave 3, with a price target of €40.
Delivery Hero - 30d expiry - We look to Buy at 31.66 (stop at 29.69) We have a 78.6% Fibonacci pullback level of 31.00 from 23.88 to 57.16. Levels below 32 continue to attract buyers. The primary trend remains bearish. A higher correction is expected. Support is located at 31 and should stem dips to this area. Our profit targets will be 36.58 and 37.58...
Delivery Hero - 30d expiry - We look to Sell at 40.44 (stop at 44.22) Levels close to the 50% pullback level of 40.50 found sellers. The primary trend remains bearish. We look for a temporary move higher. Levels close to the 78.6% pullback level of 31.00 found buyers. Preferred trade is to sell into rallies. Our profit targets will be 31.66 and 28.66...
Delivery Hero Short Term We look to Buy at 36.58 (stop at 33.74) We look to buy dips. We have a 61.8% Fibonacci pullback level of 36.59 from 23.88 to 57.16. There is scope for mild selling at the open but losses should be limited. We can see no technical reason for a change of trend. Our profit targets will be 42.58 and 46.56 Resistance: 46.60 / 53.59 /...
Delivery Hero Short Term - We look to Sell at 36.97 (stop at 41.04) We look to set shorts in the early trade. Previous support at 37.00 now becomes resistance. A sequence of weekly lower lows and highs has been posted. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 27.86 and 25.19 Resistance: 37.00...
A completion of the WXY correction seems over and the uptrend can begin This was a major (2) of (5) and a significant (3) is expected Lets see Local count:
Delivery Hero Short Term - We look to Buy at 37.11 (stop at 34.35) Previous support located at 37.00. Trading within the Channel formation. A higher correction is expected. Choppy price action seen. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 43.98 and 48.59 Resistance: 45.00 /...
Delivery Hero - Short Term - We look to Sell at 38.86 (stop at 43.29) We look to set shorts in the early trade. Closed below the 20-day EMA. Previous support, now becomes resistance at 38.00. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 28.41 and 25.19 Resistance: 38.00 / 50.00 / 60.00 Support: ...
It seems DHER has corrected to the bottom of the channel from the top of wave 3 Now we are close to complete 4 and can continue during 2022 to reach a new ATH
It seems DHER has completed wave 4 of 5 in major (3) Now 5 waves are expected up in a very bullish scenario (Disclaimer: There is always a bear and a bull count)
Target 85 or top of wave 1 Follows Nasdaq which is starting its correction with wave 4 on monday as well
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Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Short 100 $DBK Long 7 $DHER