4HFG trade ideas
Retest to 20 and we take it from thereWhile I can imagine that XETR:HFG buisness model can work out for the in the long run, Its headwinds seem to be gathering into a perfect storm against it. Trying to keep it short: (get it?)
Discretionary spending of American and German consumers might be hit hard in the coming months, due to deteriorating economic conditions. People might be inclined to opt for cheaper alternatives, i.e. classical supermarkets.
Sky high P/E ratio
Not paying dividends, low EPS
In an overall environment of rising yields, this is not at all an attractive stock
Chart was almost overbought two weeks ago and is now showing weakness on daily and weekly
All these reasons make it plausible that a retest of 20 within this year is coming. I would post you a picture, but I have not enough street cred on TV to do it :/. Anyway, the Idea is simple: Short it down to 20.
HFG: Wave C to the downside to complete wave 2 (ABC-Correction)Hellofresh made and impulsive move down wich started the bearmarket = Wave A
Recently completed a zigzag-correction ABC to the 1.0 - 1.236 Fib exension = Wave B
Currently working on an impulsive move down to complete Wave C and the bigger ABC correction into wave 2
Targets are 0.786 Fib retracement of wave 1 and 0.618 Fib extension of bigger wave A
HFG.DE Hellofresh high probability to move above its 200MAHellofresh growth is unabated with +31% revenue growth yoy and active customer growth +8.2% yoy, also contribution margin performance increasing by 24% despite inflationary headwinds. Any stock price to the upside had been penalized recently and it is expected the stock to recover. Expect some 30% upside with 15% stop loss. If the velocity to the upside is high - very probable the stock recovers even more.
Trading Idea - #HelloFresh#HelloFresh - my BUY
ENTRY: 41.00 EUR
TARGET: 52.00 EUR (+27% profit)
STOP: 32.90 EUR
HelloFresh has forecast revenue growth of 20 to 26 percent in 2022.
Last week, there was a reversal at the important support line, triggered by recent insider buying.
Nevertheless, the stock remains under pressure, so only a short-term recovery can be targeted.
The support at EUR 34.00 should remain a good basis for a trend reversal for the next few weeks.
HelloFresh Analysis 18.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
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HFG - HELLOFRESH - 1 D - Bullish trendFear & Greed Index: 49
Mid-term forecast (1-3 weeks):
While the price is below the 87 resistance, a resumption of an uptrend is expected. Aiming at 96.
If the support at 75 breaks, the short-term forecast - resumption of the downtrend - will be invalid.
We will close our open trades if the 75 mid-term level is broken.
Technical analysis:
A square forms on the daily chart between 75 and 86, started on May 26, 2021.
Today August 17, 2021 breaks 85-86 and is expected to rise to 96 according to technical analysis.
+ Trigger:
Trigger1= 85 - 86
+ Take Profits:
TP1=90
TP2=96
+ Stop:
Stop1=80 - 75
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HelloFresh, clear uptrend, buy resistance linesCheating a bit on my TA as I'm familiar with the fundamentals of the company. HF in clear uptrend, buy resistance lines or breakout. Overall good hold long term, steady growth in the food prep market to be expected. HF have a strong position and continued growth.
Happy to hear any feedback, just starting this
USE GAPS AS SUPPORT & RESISTANCE! Today's tutorial covers the topic of GAPS:
** what is a gap? **
- Gaps occur when a stock moves up (or down) significantly during pre- and postmarket hours, so that there is a major difference between closing and opening price. A lot of times this gap will get "filled" over time, which means that the market is often attracted by a gap.
** A gap up is filled to the downside **
** A gap down is filled to the upside **
-> ** KEEP IN MIND GAP FILLS DO NOT HAVE TO HAPPEN! **
In this tutorial I'll show you how you can ** use GAPS as support & resistance **:
--> Look at the chart:)
HFG: ready for new All Time Highs?HFG’s long-, mid- and short-term trend charts are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author 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.
HELLOFRESH continues climbingHFG’s long -, mid- and short-trend charts are presented. In all the charts the trend continues to be rising.
We remain bullish as long as the mid-term trend is rising regardless of the short-term moves. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author 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.
HFG continue its upward long-term trendThe long-term trend chart of profitable HELLOFRESH is presented. Its rising is supported by its strong fundamentals. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author 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.