#HELLO/USDT Trade Setup, Don't miss on this one
HELLO/USDT :- Back to the support, This is where you can think of buying this coin. Follow the strategy of laddering in slowly.
Target is 2x to 5x
DYOR, NFA
Hellofresh
HFG.DE Hellofresh high probability to move above its 200MAHellofresh growth is unabated with +31% revenue growth yoy and active customer growth +8.2% yoy, also contribution margin performance increasing by 24% despite inflationary headwinds. Any stock price to the upside had been penalized recently and it is expected the stock to recover. Expect some 30% upside with 15% stop loss. If the velocity to the upside is high - very probable the stock recovers even more.
Trading Idea - #HelloFresh#HelloFresh - my BUY
ENTRY: 41.00 EUR
TARGET: 52.00 EUR (+27% profit)
STOP: 32.90 EUR
HelloFresh has forecast revenue growth of 20 to 26 percent in 2022.
Last week, there was a reversal at the important support line, triggered by recent insider buying.
Nevertheless, the stock remains under pressure, so only a short-term recovery can be targeted.
The support at EUR 34.00 should remain a good basis for a trend reversal for the next few weeks.
HELLOFRESH what's the next move?A friend of mine asked me to do a technical analysis on HELLOFRESH - an international publicly traded meal-kit company based in Berlin, Germany.
I liked the chart right away as it is very technical.
Trade with care! - chartingfeed
