OITHE

TradeMe has reached its peak. Selling.

Singkat
NZX:TME   None

https://www.tradingview.com/chart/G2SlLZxC/#TradeMe is going to be acquired for $6.45 per share.


There have been extreme growth since November.
The price has reached a plateau and trading in the range.
Indicators are pointing out to overbought condition.
I do not believe in continuous and sustainable growth during economy crisis which is unfolding now worldwide.
Investors in TME should fix profits at some stage and will start picking up crashed stocks.

Entry: 6.3
Stop Loss: 7.1
Take profit: 5.5

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.