S_A

the end of the down trend ?,

CHXEUR:HMBS   HENNES & MAURITZ AB
38 0 2
This is very extended downtrend, will this shortterm uptrend break the longterm downtrend.. a swing low has established.. A risk to take if you are willing, SL 261.
Comment: obviously not, the down trend is still intakt!! the question if this level at 246 is supportive enough..
Comment: Obviously H&M is facing a resistance in the region of 275-279.. Will we see a new trail against this Resistance ?
Comment: so far the 234 still holding, another wave up again..
Comment: Will HM recover from this down dip again, ??? let the time shows.. I am still holding at it..
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