Many investors and analysts say the stock price will reach 20kr this year; this is the possible technical outcome.
I believe this resistance will be broken in the next 10 days, after that the technicals for PGS look much better, and an increase in stock price is highly likely.
See the detailed count also A bottom may have been reached, now bullish Correlates with oil and gas back on the menu for Norway and Europe again as per the Russian Ukraine invasion
After correction very long, it seems a bottom may have been reached and a bullish phase has started From the count a target of 5 will soon be reached and start of 2023, 10 may be reached There are going to be major pullbacks along the way Note the pitchforks and fib retracement levels Note also log scale