NEDAP Analysis 4-3-20EURONEXT:NEDAP
It looks as Nedap is continuing to follow the downtrend of the blue line. There is still heavy support at the yellow area, so if it continues to follow the downtrend it will go short till it hits the critical point of the yellow area of support which will shoot the stock back up.
Conclusion: Short for a little while till the 47 region, after that a long.
NEDAP trade ideas
NEDAP AnalysisEURONEXT:NEDAP
The Nedap stock will be/is already being bounced back from the light blue resistance line. This will make the stock go down to (at least) the dark blue support line which will probably let it go through to the yellow support. If it hits the yellow support it will bounce back up and face resistance weak challenges at the light blue line again. The brown line is a rise which will occur if the dark blue support line won't let it go through (what is most unlikely).
Conclusion: It will short to the 47 support region, after this it will go long back to the light blue resistance line where it will face it's next resistance.
NEDAP AnalysisEURONEXT:NEDAP
Nedap will rise till the resistance line, the resistance line will keep it in the between the dark blue trend lines. It will continue to make it's way in between the trend lines and can break the support line if it breaks the 47. Hardest support resistance will be at 47.