Trading Idea - #ADIDAS (short-term SHORT)SELL
ENTRY: 298.30 EUR
TARGET: 266.25 EUR (10% profit)
STOP: 310.00 EUR
ADS trade ideas
ADIDAS D1After the market collapse at the beginning of the epidemic, the shares of the Adidas company are growing rapidly, returning to their maximum levels. The maximum share price was $ 316. Taking into account that the onset of the warm season contributes to an increase in sports activity, and the desire to walk in comfortable clothes. Helps to increase sales of the company's products. The epidemic has forced many inhabitants of the planet to change their way of life. The likelihood that those who want to go in for sports will become very high. Therefore, the demand for sports products of the Adidas company is likely to grow and enable the company's shares to reach a new historical maximum.
ADIDAS D1After the market collapse at the beginning of the epidemic, the shares of the Adidas company are growing rapidly, returning to their maximum levels. The maximum share price was $ 316. Taking into account that the onset of the warm season contributes to an increase in sports activity, and the desire to walk in comfortable clothes. Helps to increase sales of the company's products. The epidemic has forced many inhabitants of the planet to change their way of life. The likelihood that those who want to go in for sports will become very high. Therefore, the demand for sports products of the Adidas company is likely to grow and enable the company's shares to reach a new historical maximum.
Adidas , Long view The curve for Adidas shares has been upwards since mid-May. At first, it seemed as if buyers were running out of Amo in the area of the € 220 mark, but in the past few days the share has regained momentum. In the meantime, investors have caused the price to rise to EUR 241.10. Until the pre-crisis level of 282.45 euros was reached, however, more than 17 percent is still missing.
At the moment, however, during the past one or two days, investors are primarily interested in positive topics. Because of this sentiment, the stock receives a “hold” rating today. In-depth and automatic analyzes of the communication have shown that lately "buy" signals have been the main focus. This gives Adidas a Buy Signal based on the investor sentiment barometer.
Good Luck .
