Tryfast

LONG TEAMVIEWER

Long
XETR:TMV   TEAMVIEWER SE
I have been following TeamViewer for a while with the Falling Wedge Pattern. After a while I noticed a form of a Cup pattern and now one Inverse Head and Shoulders that for me shows that the cup pattern will proceed. Another indicator to be at the look out is if it breaks the Falling Wedge Pattern, that for me will also indicate a strong buy.

If it pulls back on both Inverse Head and Shoulders and Cup Pattern I will wait a bit more before I enter long positions, because I still believe the Cup Pattern can also be formed later.

Besides this, TeamViewer has been making some strong investments in sponsorship and on technologies like augmented reality.
Feel free to share your thoughts.
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