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Zolly

Bearish Divergence and Shooting Star

Short
AUTOSTORE HOLDINGS LTD (OSL:AUTO)  
Zolly Updated   
OSL:AUTO   AUTOSTORE HOLDINGS LTD
Technical Indicators Chart Patterns Fundamental Analysis
1
0
indicator chartpattern fundamental
Yesterday Autostore was up 120% in 26 trading days. Q3 report on 10.th of November. I do not expect a very good report and price might dump to approx nkr 15.

Stock is now very overbought with bearish divergence and shooting star pattern.

Trade active:
1.st target reached - nkr 20
Comment:
Price has recovered and is atm at kr 22,26. Unless it takes out former high of 23,13 it's in the making of a H&S pattern on 4h/2h chart with potential target approx kr 17,40

SL: 23,40
Trade closed: stop reached:
1/3 closed at target 1

SL triggered
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