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JanDeus
Aug 23, 2021 3:05 PM

Bull, Handelsbanken (SHB B) Long

SVENSKA HANDELSBANKEN SER. BSTO

Description

Broke out from long downtrending channel this new year. Long-term is bull (not only MACD). Middle-term bull from outbreak. Short-term looks good, held upward trend bottom, bullish hammer and great risk reward right now for a fast trade. Stars alined and easy 8%. Good R/R. Gonna do a bull certificate x5 so smaller position but 40%profit. Stock is a good buy fundamentally as well, stable earnings and cheap.
Entry 103,5. Exit 111,9. Stoploss 101,5. Bull.
Comments
JanDeus
(MACD on the monthly chart and short-term on 4h) and the MA- are contracted and ready to take a glance to the stars!
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