BATS:ERIC   ERICSSON - ADS EACH REPRESENTING 1 UNDERLYING CLASS B SHARE
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This week, price has finished is retracement towards the red downsloping U-MLH and initiated an upward move towards the black ML line. Price target is 17.41.

This is a long term trade that will last 5-6 months with move completing in May - Jun 2015.

nice chart, Ichimoku-cloud confirms it just bounced off support
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