I think the bottom is in (unless issue). And now with the June numbers more than doubling, NAS could see aa decent upside and make some recovery. We are still not out of dark water with 50% of population still not vaccinated and the alarm bells about Delta variant. But ignoring those variables and just looking at the current picture I think it make's a good buy...
Bullish falling wedge pattern is forming after breakout from major resistance. A continuation upwards is most likely in my opinion.
There is some resistance ahead, and a retest after breakout from the wedgepattern will make me confident about another breakout.
My target is around 30NOK. If it will break down, there is a strong support around 14-10NOK
Kahoot! is used by 97% of Fortune 500 companies, being the global Leader in gamifying learning!
Besides Microsoft and Walt Disney, Softbank invested $215 million in the company.
I see a strong support at 53 and 32.5 dollars with a potential to 105 and 65usd accordingly.
Rana reached it´s peak in May which was it´s all time high. Note that the stock was noted a couple of months ago which makes technical analysis less predictable. However marked psychology still remains the same as it has ever been, and the analysis is therefore based on the Elliott wave theory.
The stock made a impulsive move in the period between March and May,...
Elliot wave count when looking at an ABC correction forming on Kahoot ASA from a Cycle degree impulse wave with an extension in the Primary wave 5, finding support at the bottom of the extended Primary wave 5's Intermediate wave 2.
NOM is close to starting the Engebø Rutile/Titanium mining operation and are only awaiting final checkoff from the authorities.
Price target 2021: 6-8 NOK
Price target 2022 (Q1-Q2): 12,5 NOK
Marketcap of approx 600 MNOK makes this a very attractive smallcap with great R/R.