Hello everyone! Time for free analysis! :)
Finnair has been downtrending for months now and by now we are able to trade the uptrend. In December Finnair was priced at 5.5€ and since then it has been uptrending. Support trendline has been strong and it has not been broken. When touched, it will go back up.
Today Finnair has been declining for 3.5%. Good...
Hey guys! Long time no see B)
OMXH25-index has fallen quite nice amount of points because of Nokia have had issues in US (some sketchy stuff) and OMXH have been going down for random reasons (not fundamentals). OMXH didn´t drop like it should have done in February so I personally think these 2 bear days so far are the result of January´s bull train. Take notice...
Company in bad finance for a couple of years. Seems to be soon at it's last legs.
Common pattern: Company stock drops to downtrend channel and bounces in average 26% up from there to commence yet another new drop to the abyss (average drops +-28-33%).
It's a risky stock, but if charts are true, when oversold hits and price touches downtrend channel there is a...
Downtrend continues. Possible relief in June when news heard of current financial status and new deals.
Caution: Low volume in daily Trading makes this stock vulnerable to manipulation.
I have been working on the theory of the current price action being a smaller fractal of the last bull run from ATL 0.88% .
A pitchfork can confirm the channel play occuring and a slight bullish divergence can give indication on a rally soon.
Three tests of RSI support and vertical support from a major pitchfork . The volume is down almost 70 %. It's not going...
Not giving closer analysis on this stock.
Quick TA view:
Time cycles seem to match quite closely to the drops indicating unrest with stockholders during close to monthly cycles with roughly weeks recoveries to previous levels. We're still well within the trend line set in early 2017's. Two larger scale cup and handles have taken the price back to the trend...
This one could be a good opportunity. We're going for the re-test of the downtrendline. In case of a breakout targets would be set at 7EUR. Entry at 6EUR and stoploss in case you want one would be 0.4EUR below your entry. Risk/profit ratio would be around 2.4.
Note: Resistances at 100 and 200MA in case you wanna play midterm instead of long.
Entry valid IF we...
Looks like an legit short. Might go for another higher high or double top. Follow the RSI to make sure it doesnt do higher high. Lower high = even better..
