haobey
Long

HM B (Large Cap OMX Stockholm) ready for turn around

OMXSTO:HM_B   HENNES & MAURITZ AB, H & M SER. B
Hennes & Mauritz looks ready for a change in trend.

We're about to close the gap from september 2013 at 250.60. With RSI on the lower range and previous structure as support we're looking at a good risk/reward to go long at gap close.
Comment: Main target would be gap close on the upper side at 280 even.
Closing part of the position at 260-261 could be an good idea due to resistance at that area.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out