HFG.DE Hellofresh high probability to move above its 200MA

By alpha62539
Updated
Hellofresh 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.
Trade closed: stop reached
stop trigerred. Will redo once it gets back above 25.
Bullish PatternsChart PatternsFundamental AnalysishellofreshLONGlongideatradeideaTrend Analysis
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