Teamviewer is at the bottom of the trendchannel. There is an bearish trend channel which needs to be broken. Probably the bigger bullish trend will be stronger and TMV will stay in the trend channel. The RSI just entered the oversold region in the 3 month chart. Where TMV normally doesn't stay long. As long as the stock stays in the channel go long.
Stop: As soon as the trend channel gets broken at the lower bound at the end of a day.
Goal: the upper bound at the trend channel at about 51€
- 3 month chart
- 1 candle = 1 hour