Just making this chart for education, for what can happen here.
This is only if the trend line hold up or we will see a down fall to the 30´s - but lets see where it wanna go.
An ascending triangle is generally considered to be a continuation pattern, meaning that the pattern is significant if it occurs within an uptrend or downtrend
The Nordic indexes have struggled this week along with the USA. However, I believe we are in for a treat the coming week as the market relaxes!
We had a beautiful bounce on the Fib (0.618), and with a close in the range 55-60 today I believe that we would continue to move upwards.
If you have any questions please let me now!
Best regards,
Widtrade
Looking at the chart we just hit the support level, trend line and fibo level shows good signs. RSI near oversold.
last price target from Pareto Securities: 75 NOK and 2 weeks earlier from ABG Sundal Collier: 80 NOK, will get the price up.
and as the latest news, the new product Zaptec GO is sold out.
I came to promise a member yesterday that I would look at Zaptec, but in my bustle I had not even thought about it being brand new.
So there is not much data to hold on to and that means that the analysis is not of great value.
However, it can help to see how it has behaved and I have tried to get into a chart.
As it is in its all time high we can not see what is...
