Takeaway (TKWY) bullish scenario:The technical figure Triangle can be found in the Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V. is a Dutch multinational online food ordering and delivery company based in Amsterdam, Netherlands. It is the parent company of brands including Takeaway.com, Just Eat, SkipTheDishes, Grubhub, and Menulog. Just Eat Takeaway operate various food ordering and delivery platforms, where customers can order food online from restaurants’ menus, and have it delivered by restaurant or company couriers directly to their home or workplace using an app or website. The Triangle has broken through the resistance line on 02/04/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 7 days towards 40.000 EUR. Your stop-loss order according to experts should be placed at 30.705 EUR if you decide to enter this position.
Just Eat Takeaway.com N.V. and McDonald's Corp have entered into a global strategic partnership to support the McDelivery business. The financial terms of the arrangement were not disclosed. Just Eat Takeaway.com's geographic coverage, food-delivery marketplace, and 500,000 couriers worldwide support its delivery partners, such as McDonald's. The partnership will elevate local partnerships between the parties, reducing complexity to innovate at scale and improve operational efficiency.
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Takeaway
Long-term bullish Just Eat Takeaway (strong fundamentals)Just Eat takeaway (TKWY) is one of the current market leaders within Europe. The company connects restaurants and costumers in 9 European countries.
According to the company´s given information, they are the current market leaders in the countries: Netherlands, Belgium, Germany, Austria and Poland. This information is based on: amount of restaurants, orders and their gross share.
Support and resistance levels show the price is on a strong support level right now.
Entry: 37-39
Tp1: around 61 (resistance level)
Tp2: above 70-75 (mid-term)
Long-term target: around 95 - 100
Other resistance levels could show places to take profit.
Not financial advice.
🎇🎇🎇TKWY.as bullish scenario:
🎇🎇🎇TKWY.as bullish scenario:
We have technical figure Falling Wedge in Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V., is an Anglo-Dutch-American dot-com company specialising in online food ordering and home delivery. Takeaway.com is an intermediary online portal between the customer and the restaurants, where customers can order food online from restaurants’ menus, and have it delivered by the restaurants directly to their home. The Falling Wedge has broken through the resistance line at 10/12/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 7 days towards 96.10 EUR. Our stop loss order should be placed at 82.94 EUR if we decide to enter this position.
fundamentals
- European food-ordering firm Just Eat Takeaway.com NV on Wednesday said it had received 46% more orders in the third quarter than a year earlier, as a surge in online orders due to coronavirus social distancing measures continued.
- Order growth accelerated from an increase of 32% in the first half of 2020, with orders up 47% in Germany and 43% in the United Kingdom. Restaurants in the Netherlands delivered a third more meals through the company’s platform.
✨✨TKWY.as bullish scenario:✨✨TKWY.as bullish scenario:
We have technical figure Falling Wedge in Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V., is an Anglo-Dutch-American dot-com company specialising in online food ordering and home delivery. Takeaway.com is an intermediary online portal between the customer and the restaurants, where customers can order food online from restaurants’ menus, and have it delivered by the restaurants directly to their home. The Falling Wedge has broken through the resistance line at 10/12/2020, if the price holds above this level we can have possible bullish price movement with forecast for the next 7 days towards 96.10 EUR. Our stop loss order should be placed at 82.94 EUR if we decide to enter this position.
FUNDAMENTALS
- European food-ordering firm Just Eat Takeaway.com NV on Wednesday said it had received 46% more orders in the third quarter than a year earlier, as a surge in online orders due to coronavirus social distancing measures continued.
- Order growth accelerated from an increase of 32% in the first half of 2020, with orders up 47% in Germany and 43% in the United Kingdom. Restaurants in the Netherlands delivered a third more meals through the company’s platform.
Add #INFOSYS in your Watch listLook at Infosys Daily chart. It looks beautiful on TA. Recently it broke the resistance level, but again its trading under those levels. Also the short term trendline is supporting the stock. Once it breaks the short term trendline, it can rally further downside. Need to closely watch the stock.
0% luck, and 100% SKill are required to become a good trader. You need to need get a proper trading plan.
Few Takeways to become a good trader:
1. Never risk more than 1% of your capital
2. Before entering a trade you should know your Stoploss levels and Exit levels.
3. Dont be Greedy.
4. Trade in stock market like a business and not like gambling.
5. Train your mind to become a trader. Risk only that much which doesnt effects your daily life