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RizeSenpai
Dec 2, 2022 10:00 PM

Ericsson: Bullish Bat with MACD Bullish Divergence Long

EricssonNASDAQ

Description

We have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.

Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call options that are currently trading at well below a dollar.

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Comments
redshad0ww
didn't age well lol
RizeSenpai
@redshad0ww, Setup is still very much alive, I would stop paying attention to it right now.
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