I would like us to retrace before we continue up, if we go up from here i expect a bigger retracement in the future and the continuation to be weaker. Bascily if you want SAAB to continue up in the long run you want a healthy retracement here.
I can see SAAB to go up to 790 based on trend-based fib extension. After the retracement, if we hold the bouncing levels.
Nice to see still at this date. I am aiming at precise that scenario. I see no major reasons for any substantial downside and aim at a beneficial influence from the UKR war that continues ranging and the NATO inclusion of Sweden as a market opener for SAAB.