nDam

Ambu ready for the next slip?

Short
OMXCOP:AMBU_B   AMBU A/S
My last guess on Ambu was incorrect, but i still believe we're are heading down even further.
The movement from the top was just too quick, suggesting extreme overbought, for the correction to be over in one quick move.
I believe we are seeing a big abc correction, and that we have now seen the top of the wave 2, I see it as "confirmed" as the quarter reporting made a major move to fib level, where it got hammered down from the next day.
Wave 2 have then moved between to fib levels seen overall on ambu lifespan.

I am not going to touch this with a ten foot pole before it is at least some degree below 100 dkk, preferably around 75.

Happy trading.
This is just my guess, see it as another perspective compared to your own.