SimpleinvestMarttin

Swing in to earnings

Long
OMXCOP:FLS   FLSMIDTH & CO. A/S
Trying to make the next swing.

MACD is making a bullish cross
RSI is making higher low´s ( close to 0,50 )
Earnings comming in tomorrow.

Open trade : 246,00
Set TP : 297,00
Set SL : 238,00

Risk / Reward ratio: 5,44

This is NOT an investment advice - remember always to do your own reseach - happy hunting
Comment:
An investment fund just make a small "Short" position 5 hours befor closing time.
Hope they are wrong.
Source : Nordnet.dk
Comment:
After earnings it jumped 3 % and now atm its at +0.62
earnings is not as good as last year , but yesterday a order from Russia for 1.3 mia dk is one of the biggest they had for many years
but it will not display befor next earning.
Many hours left of the market today , lets see where it takes us
Comment:
thats a load of crap , earnings will first come at 12:00 danish time ... im use to american stocks haha :) well its up 0,50 % and 1.5 hours to earnings
Comment:
www.flsmidth.com/en-...d-improved-cash-flow

Highlights in Q4 2019

• Highest revenue in six years
• EBITA decreased 5% and the EBITA margin declined to 8.1%
• Service order intake increased 8%
• Capital order intake declined 18%
• Cash flow from operating activities increased significantly to DKK 327m

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