Quick one on my phone.
Potentially ODL is finding support here. Good entry would be if the black trendline gets broken.
Eyeing the gap at 12.54 and the next resistance around 14-15.
NANO has been able to reclaim the very important 19.50-20.50 area as support, preventing the price from falling out of the daily cloud.
So what's going on?
- For now, support has been found on the 0.618 fib retrace of the last impulse (13.80-26.50, blue fibs).
- 19.50-20.50 has been retaken.
- On the weekly a higher low has been formed, which gives us a trendline...
This is a trading plan based on price action. Keep in mind that BerGenBio will present updates on their current cancer treatment 25th june. This could boost the price extremely, because of the high volatility.
37.15 will be the safest price to enter a possible trade. That's why I am waiting for a pullback before entering.
As you know from my last analysis, TRVX gave a buy signal on the weekly chart last friday.
Now looking more closely for a good entry.
There is a smal gap down to 7.27, which I can easily see filled with a retest of the recently broken black trendline.
2 things will be providing support now, the horizontal support around NOK 6.75-7.20 and the blue upward trendline....
Fundamental analysts give Targovax a big BUY, with a target of around NOK 19,-.
I've been waiting for a clear signal of support lately and it has just been formed.
IF the weekly candle closes more or less the way it is now, several positive buy signals are there:
- Long term blue downward trendline got broken and retested. Clear support found on retest.
-...
Crayon is a cloud company with a significant position in the Nordic market and access to markets across the world.
There is substantial room for growth, both in their dominant Nordic area and other geographies.
They have just collected 30 MUSD targeted for M&A
I expect them to consolidate around the support zone for 7-14 days and start climbing towards a...
Another interesting one. Fundamental analyses puts the target for this stock at around 98. So plenty of potential!
So FRO seems to have found support, for now.
Confluence of a horizontal longer term support and the bottom of the weekly cloud (@75.99 currently).
When does FRO become a buy for me?
- Has to break the blue trendline.
- Not break down out of the...
SHLF made a huge plummet down after an equally impressive rise just before that.
Now, the gap at 3.70 has been filled and for now the trendline (blue) is holding. But it's not a buy signal yet. We need at least a confirmation in the candles and with the support structure before it becomes a buy.
- First start is there, the big wick on the current/last candle.
Now...
Analysts, from a fundamental point of view, are giving TRVX huge potential with a target of around 19. Reason enough to look at the chart.
So TRVX still seems to find support around 7.00-7.40.
I'm looking for a reaction upwards at the top of the daily cloud and thus breaking out of the descending triangle that has been forming. This can happen any time now!
If...
HLNG Got a pretty harsh reject at the top of the daily cloud yesterday. But it did leave a gap behind at 15.28 and a big move like that usually get's some sort of counter move (unless fundamentals are at play).
So no selling just yet. I'm looking for the primary trendline (blue) to provide some support and to bring HLNG back up to the recent high, or perhaps even...
After the V shape comeback Oslo Børs may gas out. Several indicators point in that direction. Oil seems to topped, dow jones topped and Nasdaq at all time high. Gas prices hit rock bottom and outlooks are grim. (Norwegian Børs rely a tad on oil and gas) Oslo børs now has been trading quite nicely in this channel looking on the daily. So I expect for this week and...
Largest owner in Photocure OSL:PHO apparently being forced to dump the whole position in the stock in the course of a few days, giving the stock extra momentum to the downside.
Updated list of shareholders show influx of US actors.
twitter.com
NANO might be finding support here on top of the Daily cloud. Furthermore, we saw a rejection at the 0.618 fib retrace, but now the 0.382 fib might help the cloud a bit also, acting as support.
I'm waiting for the current resistance area of 19.8-20.5 to be re-taken before I consider a buy.
TRVX needs to hold this current support AND get back into the 4h cloud for it to become a buy.
I'll looking at it once it can break the black downward short term trendline.
