Danske does not look investible at all, declining volume and descending stock price points to a trip south. I'd say next stop is around 105DKK Keep in mind weekly didn't close yet, still watching for this going into next week.
Brøndby is soon ready to get in to Buy zone. As you can see price made LL while RSI and MACD is making HL, which is bullish. I think one last leg down will happen to the buy zone and the RSI will be slightly above 30. Then we can expect a correcting rally. Maybe a new cyclus. Buy zone is aroung 74-75 and stop is set to 0.66 which is below fib extension...
Good opportunity to have a swing trade at DANSKE and also a good hold for better profit. have been testing support around 120 for some time
Tuesday the annual earnings report was released and the stock jumped 17,6%. Several finincial institutions have increased their price targets, e.g. Danske Bank from 310 to 365, and a lot of large players are heavily invested. On the other hand, american hedgefond, Coltrane Asset Management, increased their short position yesterday. The stock is now at an...
As i see the large upgoing wave, we're in a wave 4 correction, and right now we are at 50% retracement which also was the turning point from wave 2, additionally we're close to the 200MA Weekly. I expect atleast a short upward move, as I'm always quite skeptical with quick corrections. This idea is based on this being the bottom, and I've remained...
Pandora is showing sign of a reversal, double bottom at 78,6% retracement and with a quick fall speed. We might see a steady rather quick uprise the next two months..
My last guess on Ambu was incorrect, but i still believe we're are heading down even further. The movement from the top was just too quick, suggesting extreme overbought, for the correction to be over in one quick move. I believe we are seeing a big abc correction, and that we have now seen the top of the wave 2, I see it as "confirmed" as the quarter...
My last guess on Ambu was incorrect, but i still believe we're are heading down even further. The movement from the top was just too quick, suggesting extreme overbought, for the correction to be over in one quick move. I believe we are seeing a big abc correction, and that we have now seen the top of the wave 2, I see it as "confirmed" as the quarter reporting...
I think we will se a C wave correction down from around here, we are pushing on the old bottom trendline, which now is the upper loft it seems. Stay away for now
Long @ break of short-term downtrend Target top of range Support 1. Long-term trend line 2. Mid-term horizontal range
Entry: Short on break of correction trend line. Context: Short-term bear channel within long-term symmetrical triangle. Ongoing drop towards triangle support.
Have been fighting with EMA15 on 1W chart earlier on. MACD-level loosing steam on 1D chart but still under 0. 4H just closed outside downtrend resistance. Would wait for a break of EMA180 at 1D and 4H chart.
Possible long position after breakout of downtrend resistance. Wait for confirmation that a pullback stay above new trend-support
Many major investors believe that next year will be the 'year of stocks'. After recent major sell offs, many big companies lost at least 10% of stock value in December alone. So now is a great time to look for potential bottoms for long term positions at the start of the 2019. This is a luxury brand of Bang & Olufsen, approaching the massive trend line and support...
market still got chance to increase in the future?