M Formation has clearly formed on the daily chart. The price has broken below the Neckline which is showing more downside to come. We have other indicators showing a downtrend momentum including: 200>20>7 RSI<50 My first target will be at 43.22
Volvo Cars, based in Sweden, has announced a remarkable 21% increase in car sales for the month of July compared to the previous year. The company managed to sell 54,165 vehicles during this period, marking the 11th consecutive month of continuous year-over-year growth. Taking a broader look at the year so far, Volvo has demonstrated impressive performance in...
Lookng to perhaps buy Hemnet if it break out of 155 here. I suspect its a trendline of importance. Also from a finance perspective it could be postive.
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Hello trenders, I show you today a solid company with strong backup and investors. High potential on the upside, undervalued and part of utility sector it makes it a hot stock. Given the circumstances in EU the price will go up starting by this winter. Perfect for your portfolio diversification, good for short or long term. Good luck. Be wise don´t...
Now Im back again, I have refined my analyses,.. Looking at vix, sp500, Dax and sweden while trading. Target 2016.
Just patent approved, gave the first signal. Target, 6.5- 7.5 - 10. Be wise, make your money work for you.
OMX down from the daily opposing GZ (pastel red fib). The double bottom at 1910 wasn't supportive enough. We are currently well established in algo shorts, headed to at least 1770. Market conditions are bearish with the VIX threatening all risk assets like never before since 2007. Please like and share if you appreciate this market update. We are algorithmic...
Yellow= Support or Resistance Green= Positive trendlines Blue= Strong and trend effecting S/R The analysis concern USD bound to SEK, however its a great general directional indication to USD weighing against all other. The Analysis is about the current positive trend. Due to its already developed for some time its not in its beginning, therefore its not an...
VIX and DXY within uptrends: the environment is bearish for risk assets, and quite particular. A VIX-plosion would trigger a flash crash in risk assets and invalidate several EW counts. So far, the correction has been structured in indices, OMX included. We are currently trying to double bottom but the final destination for a bottom is unchanged: the 50%...
The Swedish krona is among the major currencies that are susceptible to the latest developments in East Europe alongside the Euro, and both have been a basis for market sentiment surrounding the conflict on markets and economies. On March 7, as the third round of peace talks capped off without any breakthroughs and as energy prices surged to a 14-year high, the...
Weekly Time-frame We are currently above Ichimoku Cloud but not yet confirmed. Still this is a Bullish Scenario. Bullish Relative Strength Index (RSI), Bullish Awesome Oscillator (AO). Rejection Area of $45,806 & $48,008. Support is in $43,971. 1D Time-frame Huge green volume candle right there in AO. Area of rejection is still in $45,350, $48,008, and...
BillerudKorsnas specializes in the manufacture and marketing of packaging products and materials made from virgin fiber. - very intact upward trend with corrections about 5% to 15%! Wait for a min. 5% correction to buy or re-buy! - Fair price 145.00 SEK - 180 SEK becomes a mid-term resistance level!
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Investor. The King of Sweden. Stable and fast. But not for long. Like all stocks. we are going down. Momentum and bubble is about to burst.
H4 time frame. Structure: The price broke out of the triangle pattern and the 0.92000 resistance. Waiting for the price to retest 0.92000 or have a larger retracement towards 0.91700 and confirm the uptrend then buy setups with USDCHF can be found. The profit target is 0.92800...