Danske Bank's reputation has been under a lot of pressure because of accusations of money laundry.
But as we all know; banks don't have to serve justice and this will most likely not have any real consequenses for DB.
The combination of a selloff because of bad reputation and huge growth opportunities in growth stocks, I find Danske Bank to be undervalued.
Container prices still raising and there seems not to be end to this in mid-term (2-3 years).
So an entry in Maersk could be a good idea... In the next 2-3 weeks we will maybe see some cheaper stock price according to trend channel, MACD, etc.
This could be a good entry. Put on watchlist
An inverse head and shoulders on NKT that broke the neckline 48 hours ago. An acceleration to a new all time high took place the same day.
The next day showed much of the regain reverse, which is a worry as this engulfing candle could be a reversal sign.
However, watch price action over next couple of days to see how it shakes out or play it with a tight stop...
Since recovering from it's multi-month sell off, Vestas found strong support in early March at the 200-day MA, and has since been consolidating within a moving average "trap zone".
I have observed this pattern previously and on daily time frames, this sort of "coiling" will bring to a strong move up or down once the trap narrows, RSI seems to be...
Not really a cloud-trader, but the recent drop made me look for every TA tool in the book to satisfy my urge for confirmation bias.
Since ICLN announced readjustment of %-holdings, this retest of the Cloud Top makes me believe that the long term uptrend is still intact.