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weslad
Nov 9, 2018 6:41 AM

photocure Trading ideas Long

PHOTOCURE ASAEURONEXTOSE

Description

photocure correction still in progress, buy this stock when the price get to the buy zone.
Comments
savepiginvest
Not unlikely at all that you are spot on with the buy zone here. NOK40 support seems just a little bit weak, and if you come all the way down to NOK36 you are looking at a more complete gap fill, as well as the SMA200 coming into play.

Fundamentally this seems like an overreaction, but it is what it is.

Q3 2018 report can be found here: photocure.com/globalassets/investor-relations/quarterly-reports/2018/pho-q3-2018-rep-vf.pdf
savepiginvest
@weslad with hindsight, your NOK 36 BUY recommendation was spot on, congratulations! Tried my hand with a follow up.

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