minuskontot

Good entry point for Vicore?

Long
OMXSTO:VICO   VICORE PHARMA HOLDING AB
Vicore is in an interesting spot. Candlesticks seem to respect the support zone, gathering strength for an impulse. Also MA50 is soon to act as a support as well, and RSI shows that there's a possibility for an impulse as well. MACD is a bit more negative, but if it will dip into the support zone, it might not make it all the way down to the trend line before an impulse. I would guess 17,30 SEK would be the lowest entry point on the 4H chart. We'll see if I'm right.
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.