NEDAP Analysis 4-3-20

NEDAP
It looks as Nedap is continuing to follow the downtrend of the blue line. There is still heavy support at the yellow area, so if it continues to follow the downtrend it will go short till it hits the critical point of the yellow area of support which will shoot the stock back up.
Conclusion: Short for a little while till the 47 region, after that a long.
Trend Analysis

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