Descending triangleDaily chart.
Price is below the resistence of the descending triangle.
60 zone is the possible target.
DHER trade ideas
DHER : Free Lunch aheadThe average price Target by analyst's is 117 ! Even back to 66 is a good 60 performance
DHER Delivery Hero bullishIt 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
Delivery Hero bullishIt 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)
DHER short in corrective wave 4Target 85 or top of wave 1
Follows Nasdaq which is starting its correction with wave 4 on monday as well
DHER nearing supportDHER is nearing its recent two lows around 100€. Recently the stock bounced up from these levels to 140€. Not going long yet since StochRSI is still pointing downwards, looking to enter around 102€ to keep a tight stop loss around 100€... let's see if it keeps dipping lower or if it bounces back up with DAX and other markets recovering from recent dips.
If you'd like to see more of these trading ideas, check out my blog (link in my profile). I'll be posting these ideas there as well and might add some more detail in the posts on the blog. I'd love to read your feedback too, so feel free to message me or comment on the blog!
Waiting for the final trigger to end the correctionI want to see a confirmation of the trend line with a third swing.
If we see a following trend line break with strong bullish candles I will go for a long ride.
Delivery HeroDelivery Hero has entered and upheld a healthy trend-channel indicating a long term trend.
The RSI has placed and stayed in a level above 50 indicating a strong buyers market, combined with the MacD indicating af strong momentum to stay in the trend.
Looking at the fundamental analysis of the company, we see a strong development in the revenue which double from 2018 to 2019.
This can be combined with knowledge about the market. Due to the Covid-19 pandemic we see an increased trend to shopping online, and thereby decreasing the individuals risk of getting the virus.
I personally believe that this trend will keep going long after the vaccines arrive, since people are now much more deliberate about the risk of getting infected and not only by Covid-19 but also other more common viruses.
Triple Top Hello,
I didn't notice this triple top before but it seems that prices may continue to drop at lest to TP1.
This Triple Top is a strong reversal pattern but I set up a SL @95.5.
Let's see...
Delivery Hero making a strong move - RSI have momentum
- MACD is bullish
- Break of the 100.
- MA20 crossing up MA50, to show the short term strength
- CMF showing buyers have the upperhand
Room for more. Upcoming Q3 ER in 14 days.
DBK-0.07*DHER $DHER (Delivery Hero) vs. $DBK (Deutsche Bank) Quantamental Tools for Proprietary and Retail Investors.
Statistical Arbitrage Opportunities Delivered to Your Inbox.
QuantChart. io
Short 100 $DBK
Long 7 $DHER
Trade Idea für Delivery Hero, EMA200 dann BounceHier unsere Analyse für Delivery Hero basierend auf Fib-Retracements und den EMAs. Wir denken es gibt einen weiteren pullback zur EMA200 und dann einen erneuten Anstieg. Feedback immer willkommen.
Delivery Hero preparing for to go higerThe trend that has been pushing tech stocks higher is unbroken, and backed by the FED
