7H·

Exciting Stocks from Europe

From a technical standpoint, I'm currently bullish on the following European stocks and/or those that I expect are slowly emerging from their slump: $ALFEN (+1.78%)
$ENVI (+4.06%) (a nice double bottom in the making) and $LXS (+3.84%)

I’ve recently bought into all of them, but of course this isn’t investment advice.

8 Comments

market_mastermind_3655@market_mastermind_3655

Thanks for being so transparent. Are you in it for the long haul with Alfen, and would you still get in at this point? Up 5% today :/

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jkb92@jkb92

@market_mastermind_3655 Take a look at the long-term chart. The last breakout—which is currently correcting—went up to €20; I expect it to at least reach that level again. Of course, not the day after tomorrow. Overall, though, I see these as swing trades—that is, medium-term trades.

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market_mastermind_3655@market_mastermind_3655

@jkb92 Thanks for your reply. I'm looking for more long-term investments with good entry potential right now. I have quite a bit of cash :)

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Sebbster@Sebbster

Thanks :) Cool ideas. I sold Envipco again last week after the rally. I hit the second bottom almost perfectly. But I sold too early. Still, earnings should be coming out soon. From a technical analysis perspective, what do you think of $AII and, above all, $AAD?

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jkb92@jkb92

@Sebbster Yes, that's why I started with a smaller position in $ENVI for now. I'll add to it if the bottom is confirmed. $AII might be attractive in the short to medium term; for a long-term entry, it would need to correct further, toward $6. $AAD looks like it's stabilizing based on the RSI.

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market_mastermind_3655@market_mastermind_3655

@jkb92 Which stocks do you currently find attractive for the long term? Thanks

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Sebbster@Sebbster

@jkb92 Thank you.

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jkb92@jkb92

@market_mastermind_3655 Since I don't have any income right now (I'm working on another master's degree), I'm currently focusing more on swing trades. But generally speaking, some software stocks—such as ServiceNow—are exciting from a long-term perspective and have actually rebounded nicely recently.

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