minuskontot

Swedish Match broke upward trend

OMXSTO:SWMA   None
Unfortunately Swedish Match didn't bounce off the trend line as I suspected it would. Rather it ran right through and is now in a support zone gathering strength. I suspect it won't dip much more judging by the candles, RSI and MACD. But it definitely has some recovery to do.
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.