KEYWARE BUY!!! SQUEEZE SHOWS WEAK SELLING PRESSURE!!BUY!! = Keyware Technologies....!! It specializes in the development and marketing of solutions for electronic payments. Net sales break down by family of products and services as follows:
card transaction management services (45.9%): reading, processing, and analysis of transaction data;
terminals (38.7%): electronic payment terminals, loyalty card readers, ticketing systems, electronic identification terminals, etc.;
transaction processing software (17.3%).
Net sales break down geographically as follows: Belgium (86%), Europe (6.4%) and other (7.6%).
Solutions 30 - Recovery to 16€Since the "big short" from Muddy Waters Capital, Lansdowne Partners, and Gladstone Capital Mgt, Solutions 30 seen its market capitalisation divided by 2, based on an anonymous letter, targeting Mr. Gianpebbi Fortis (Solutions 30 current CEO) in some illegal activities (source AFP December 2020)
As a response, the company opened their door to independent audit and brought up a trial amendment to the AMF (French MArket authority) for market manipulations towards Muddy Waters.
As a matter of fact, this anonymous letter - true or fake - allowed several hedge funds to make a +50% profit in few days (www.quivad.fr) by short-selling the share shortly after the letter release.
As of now, short-sellers still have to unwind their short positions, totalling for up to 4% of total supply.
Moreover, even though the letter tends to turn right, at worst the CEO would face legal issues, but the company would still be operating.
Currently price recovery from 10 to 16€ is in progress, while independent audit to be released circa Q2-2021. At this point, a short-squeeze would be expected, and a price up to 20€ would be on the table.
BUY 10-11€ and wait for independent audit release + hedge funds to unwind their positions (see url www.quivad.fr to onitor short-sellers)
TARGET 16€ Q1-2020 to 20€ once audit released.
bullish momentum -- Solutions 30 (Hausse début 2021?)Progression haussière au prochian trimestre. Chiffre d'affaire à 2 chiffres toujours d'actualité sur 2021-2025 . P/E intéressant pour une cotation sous 16€, secteur du service informatique en croissance (assistance à domicile, installation/debugage d'objet connectés, boitiers telecom, fibres, G5...), maintien des coûts opérationnels, plusieurs acquisitions stratégiques en Europe sur 2019-2020, apaisement des affaires visant la direction suite à la lettre anonye: une réponse détaillée dispobible sur le site officielle de Solutions 30 S.A.
Le rachat de positions à découvert peut à terme accélerer les retours sur 14-16€ au 1er trimestre 2021 (voir URL)
Target prix :
12.85€
14.00€
16.00€
Monitoring VAS% sous 10€ -- en hausse sur Décembre 2020 à 3.90%
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EURONEXT target price @98.15€ +6.12%Euronext has activated a double bottom pattern that may lead the price to 98.15€ that is +6.12% from current price. Price above 109.60€ may activate a second impulse structure with a target price at 143€.
Sell signal Prosus N.V. Just entered a short position in EURONEXT:PRX .
Entry @ 87,75
Stop @ 91,20 (-3,9%)
Target @ 75,20 (+14,3%)
There's long term divergence MACD (sell signal given) and RSI (sell signal given). DMI confirms with a DI - > DI + and ADX rising; confirming downtrend.
At the moment there's some gap filing going on, it's just waiting for the red rising support line to be broken and the next down gap to be made ...
Target is the support @ 75,20 which has been formed with big volume, so I assume it's kind of solid.
Time to prepare shortsGetting ready to cross the SMA10 on the Renko chart, having OBV trending down. Once SMA10 is crossed and OBV continues down, there will be great short opportunities.
About Renko Charts
A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the prior brick. An up brick is green, while a down brick is red.
Waiting for uptrend confirmationCurrently waiting uptrend confirmation. As soon as SMA10 is crossed and OBV keeps its vector upwards long postions can be taken. Expect confirmation in the 28-29 range. Looking forward to your feedback.
About Renko Charts
A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the prior brick. An up brick is green, while a down brick is red.
Cup & Handle on week charts?On the week chart it looks like a cup & handle is forming.
Resistance would the high of the cup which is 8.635 €
If resistance is broken it might go up but stay within the current channel (still a 50% gain possibility)
*not financial advice. I know nothing!
