buttabdullah3214

RSI showing a potential start for a bull run

Long
OMXCOP:ORSTED   ORSTED A/S
Ørsted, is a safe bet when it comes to the long run, but it even has huge potential of a potential upcoming 50 to 80 percent of increase in the stock price till the end of the year.
The RSI is showing the same pattern as it did before the post-corona bull run it had, while having fallen a little more than the last year correction/crash.
But moving averages are still pretty neutral, though as seen on the chart; moving averages mostly showed positive signs a bit after the start of the bull run.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.