HFG trade ideas
HelloFresh: profitable growth stock with a reasonable valuationHelloFresh is a multinational German company that delivers home, packaged in a box, the fresh ingredients of its recipes selected online
by the customer to cook them in their kitchen in half an hour.
HelloFresh operates in Germany, USA, Australia, Austria, Belgium, Canada, the Netherlands, Switzerland, and the United Kingdom.
Its anyway strong growth accelerated in 2020 due to CORONAVIRUS. Regarding its profitability, we do not just hope that the company
will likely become profitable sometime, it is already profitable, and its valuation is very reasonable given its growth.
Below are presented the mid- and short-term trend charts of HelloFresh.
Disclaimer
The writer of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Magic fib selling short opportunityWe hold 0.618 Fib level(yellow circle) 46.80€ from the 53.35€(10 Jul 20) high and 36.20€(04 Sep 20) low also we rejected at 1.618 Fib level (yellow circle) 63.95€ From this point we made currently new lower lows.
I expect that we testing 0.618 Fib level (turquoise circle) 49.40€ and if we hold this zone my longterm target would be: 67.75€ 1.618 Fib level.
4H Chart:
1H Chart:
Sell Limit(Short): 61.10€ – 61.60€ (supply zone)
Take Profit-1: 51.95€ (Risk Reward Ratio: 4.7)
Take profit-2: 49.70€ (Risk Reward Ratio: 5.8) (demand zone)
Stop Loss: Above 62.85€(63.40€)
Opportunity for a small long on HelloFresh SE$HFG Hellofresh SE INH O.N. (XETR)
1). Limit Buy: 42.22€
2). Limit Buy: 41.66€
Entry Price: 41.94€
1). Take Profit: 46.90€ (+11.86%)
2). Take Profit: 50.04€ (+19.34%)
Stop Limit/Loss: 40.60€ (-3.24%)
What do you think? Share your idea and enjoy our opinion.
REMOVE YOUR BIAS!
Thanks,
Disziplinierter_Trader
$HFG:XETR - HELLOFRESH - Up 500% over 12 monthsTrade-able on the German Exchange, Hellofresh is one of those brands that I feel like I am seeing advertised everywhere. They were already running nicely pre-covid but the whole no dining out movement gave them a big boost. Be interesting to see how long they will continue to run once the restrictions are lifted, but with Covid cases beginning to accelerate again it could be worth a watch...
HelloFresh SE engages in the provision of personalized meal solutions. It operates through the following segments: United States of America (USA), International, and Holding. The International segment comprises Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland, and the United Kingdom. The Holding segment represents centralized overhead functions, where certain costs are recharged with a markup to the operating entities with the exception of strategic and finance costs. (Source Trading View)