Buy when we come close to the trendlineHello,
TeamViewer SE is a holding company, which engages in the provision of a cloud-based platform to network computers, machines and industrial equipment and digitally supports work processes along the entire value chain in both the industrial and service sectors.
The company is already forming an upward trend on the daily timeframe. Look for buys once we come close to the trendline with a target at the top on the higher timeframes.
Best regards,
Hesbon Mose
TMV trade ideas
TMV TEAMVIEWER has the potential for a 50% upsideTMV Teamviewer had its good momentum in 2020 and thereafter fell of from the traders radars. In the meantime the company has proved that it should not be mixed up as another "Zoom" company as it targets institutional accounts through its AR platform.
The recovery should be underway and a 23 eur PT could be realistic.
Watch to stop if the stock drops below 11 eur.
LONG TEAMVIEWERI have been following TeamViewer for a while with the Falling Wedge Pattern. After a while I noticed a form of a Cup pattern and now one Inverse Head and Shoulders that for me shows that the cup pattern will proceed. Another indicator to be at the look out is if it breaks the Falling Wedge Pattern, that for me will also indicate a strong buy.
If it pulls back on both Inverse Head and Shoulders and Cup Pattern I will wait a bit more before I enter long positions, because I still believe the Cup Pattern can also be formed later.
Besides this, TeamViewer has been making some strong investments in sponsorship and on technologies like augmented reality.
Feel free to share your thoughts.
TMV - Possible bullish divergenceDear traders,
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
Alarm set @€13 (breakout)
Good trades for all.
Sam.
Teamviewer - buy the dip - at least 35% ROIDe ar traders and followers,
at the start of the week Morgan Stanley analyst George Webb downgraded the Teamviewer share from “Overweight” to “Equal-Weight” and lowered the target price from 48€ to 18.50€. According to the “Equal-Weight” rating the US Investment Bank expects an average total return on the share compared to other values observed by the Bank in the same industry. A period of between 12 and 18 months is used.
Should the next test of 13.5€ be confirmed as new support I assume that a trading range in the range of 13/14€ – 18/19€ will be formed for the next weeks.
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Close to the end of WAVE 1 - Small Short into the impulsive longAs predicted TMV made the first WAVE 1 up after the long correction. Of course this was only a first internal move. Long term we can expect 100 EUR + x I guess.
For my swing trading I wait for the end of WAVE 1 and the trend line and resistance level. Here I expect a reversal into WAVE 2 with a 0.618 FIB target in mind.
From there, as soon as we have confidence, we will go long for WAVE 3.
As always this is just my idea and you have to make your own.
What is yours?
End of correction and all the way up again? Based on my Elliot Wave count is see the end of the daily ABC correction. We have Divergence on the daily, 4h and 1h. All FIB levels from WAVE C look great.
With this in mind we already startet the 1h time frame wave 1 up which we also see by the trendline break. I want to wait for the re test (WAVE 2) and look for buy setups around 0.618 and 0.786 Fib.
If we go under 29 EUR of course the count is invalid.
What are your thoughts?
Teamviewer Teamviewer AG buys upskill.
Teamviewer continues to expand its business. Positive news that could boost the share price in the short term.
From a chart perspective, Teamviewer is in a range. In the last few days, however, there has been an increase in volume, which reflects great interest in the share.
After a clear pinnbar and the move above the conversion line, there is a nice setup for a short-term trade.
An attempt with a tight stop is worth it.
Good trades!
Long Teamviewer based on good news and technical analysisSince December 2020 the stock used to bounce on the 200 SMA .
Before it was breaking through the 200 SMA but it tested it again and moving around it.
Option 1) Given the lower trendline and strong support indication based on volume the stock could bounce and may go up to test the Fibonacci 0.78 again.
If the stock breaks through the resistance there is nothing (low volume) and the goal would be 55€.
Option2 ) If fails again on the resistance the stock may consolidate within a triangle or even fall through the strong support.
Considering the MACD and RSI it will most like go up by the trend line, after some further consolidation
This is just a personal idea and no recommendation.
Teamviewer
Teamviewer is at the bottom of the trendchannel. There is an bearish trend channel which needs to be broken. Probably the bigger bullish trend will be stronger and TMV will stay in the trend channel. The RSI just entered the oversold region in the 3 month chart. Where TMV normally doesn't stay long. As long as the stock stays in the channel go long.
Stop: As soon as the trend channel gets broken at the lower bound at the end of a day.
Goal: the upper bound at the trend channel at about 51€
3 month chart
1 candle = 1 hour
Long TeamviewerTeamviewer has seen a very strong pick up both revenue and net profit due to COVID, similar to Zoom.
However, there has not been a similar strong increase in share value yet.
While Zoom has skyrocketed and trades at around 2,000 times earnings and 79 times revenue, teamviewer is still at a relatively low 80 times earnings and 21 times revenue, respectively.
On the technical side, we have a strong and intact upwards trend, hence a good time to enter.
Shares of the German Software Company TeamViewer DropsOn Wednesday, German software company TeamViewer glided lower in its share market introduction. This was after the remote connectivity expert unveiled. It has been then the European’s biggest initial public offering of 2019.
Shares opened parallel with the offer price of 26.25 euros. On the flip side, it has slipped to 25.32 euros in early trading.
The dropping happened when European tech stocks tumbled 2%. This is despite the fact that the offer was oversubscribing.
The IPO dispensed a bonanza for investor Permira. He is the one who purchased TeamViewer outright in 2014.
Permira bought it for 870 million euros. TeamViewer’s outright was on sale for a 42% stake generating proceeds of 2.21 billion euros ($2.43 billion).
The initial offer was valuing 5.25 billion euros for TeamViewer. This marks a rare tech introduction on a Frankfurt market strong with industrial and auto stocks.
In a statement, CEO Oliver Steil said, “TeamViewer has developed from a small IT company into a true global player,” to a cheering staff on the floor of the Frankfurt Stock Exchange.
The CEO relocated from Permira two years ago to run the business.
Permira’s proceeds surpassed 2 billion euros. They started creating income when Italian payments group Nexi floated in Milan in April.
This year so far, the said proceeds have been Europe’s biggest IPO.
One trading spokesperson said that many investors considered the initial public offering as expensive.
Other than it is expensive, its because there was uncertainty over the future intentions of Permira, which holds a 58% stake.
Meanwhile, the private equity house says it will stay as a strategic investor.
Anytime, Anywhere Integration Tool
German: Homepage of TeamViewer website on the display of PCTeamViewer poses an “anyone, anything, anytime, anywhere” integration tool. Applications containing remote IT support and online discussions use the tool.
In addition, it also plays a part in the growth of the so-called “internet of things.”
The tool belongs to the billions of smart devices that are settling digital workplaces and homes.
The “anyone, anything, anytime, anywhere” integration tool further covers both desktop and mobile.
The tool also has been mounting on 2 billion devices. These days, the company is running a “freemium” model.
The model allows cost-free access for personal consumers, while enterprise customers settle a subscription fee.
In a news report, CFO Stefan Gaiser indicated that TeamViewer’s short-term main concern was to build its presence in the Asia-Pacific region and the United States.
Moreover, it will also give a boost to the marketing team for its enterprise product.
The company lack partners in Europe and the big problem for investors is whether it will be competent to command the kind of valuations enjoyed by U.S. players.
Their goal is for the trade on double-digit revenue to multiply.
Listed Partners of TeamViewer
The registered associates comprise of Zoom Video Communications Inc, Okta Inc, and Slack Technologies Inc.
Meanwhile, shares in collaboration app Slack have almost reduced from their peak.
However, the challenge provided revenue growth. Moreover, it has transformed a profit after Microsoft hits back with its competing product, Teams.
By 2023, TeamViewer estimated its potential market of worth 10 billion euros today, will multiply three times in size.
It is after companies invest in digital production, and more people in the future will work from home.