1Wk·

Speckulative opportunity for

a technical long reaction at $RDC (+1.91%) ? The stock has been in a downtrend for some time and keeps forming new 52-week lows. Furthermore, it is sold quite short.

But in my opinion, the last price setbacks were exaggerated due to seasonal sales declines in August and it could be time for at least a leveraged counter-reaction. After all, the best months of the fall and winter are now approaching with many colds

What do you think about this @TomTurboInvest ? Do you see opportunities or more risks?

8 Comments

Tenbagger2024@Tenbagger2024

1Wk

Could go down even further as the company drops out of the Stoxx Europe 600 Index. At the beginning of the week, analysts at Oddo BHF also drastically lowered their price target for the online pharmacy.

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Chris@Multibagger

1Wk

@Tenbagger2024 I had read everything too. But we have already fallen almost 9% since Monday and today, after the news about the Euro Stoxx 600 broke, we were already more than 5% lower and have now perhaps started the reaction.

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Tenbagger2024@Tenbagger2024

1Wk

@Multibagger
Should also slowly be priced into the price

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jkb92@jkb92

1Wk

@Tenbagger2024 I think so too. I had also read somewhere that there was support around €73. I also got in, albeit a little too early...

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Chris@Multibagger

1Wk

@Tenbagger2024 went in with PE7SC7, tight leverage of 10, tight SL due to time difference. It will go wrong.😉

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Michey777@Michey777

@Tenbagger2024 I did a knockout with 10 levers. But let's see...

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TomTurboInvest@TomTurboInvest

1Wk

Difficult to say, in my opinion I see more opportunities, although the current zone still extends to €65 (March and April 22 or Jan and Feb 23), whether it will run to this lower edge or whether that was the bottom?
I think the current sell-off is exaggerated, but who knows 🤷‍♂️

PS: what do you think of $KTN long? $STZ long after this slump I wouldn't dare to suggest it to you, although if the ~145$ holds, then...

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Chris@Multibagger

1Wk

@TomTurboInvest I have already successfully traded $KTN twice. I like to use them again and again. I'd better drink the alcohol!

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