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.
SHLF made a ridiculous breakout at the beginning of this week. Since then has come down pretty hard as well. So looking for potential support and buying opportunities. After the recent bottom formation the break out occurred after mounting the 3.80-3.93 resistance area. This could now provide support. Furthermore, if SHLF was to retest this level it would also...
Since the index closely follows the price of Crude oil (which is in a similar pattern), I expect some pullback at these levels. First target is around 740, then 715. 700 is the line in the sand in terms of keeping the uptrend going. (Note that the formation is a fractal of a bigger wedge playing out on the weekly timeframe).
Current res/sup 1.84/1.5. If we get a breach on 1.84, 2.15 is in reach.
ABOUT - Low cost airline company that offer nice and comfortable, cheap flights to (especially) Europe and Worldwide destinations. - Adapting Bitcoin as accepted payment from August. MANAGEMENT - One of two major airlines in Norway. - Been taking a substantial beating during the Coronavirus crisis, risking bankruptcy. - Change of management last year....
If you want to be a Hobby investor, first tip is to learn TA (Technical analysis) As you can see here on Monthly chart its a head and shoulder and inside this a Double top. Neckline breaks and confirm the bearish. Now the stock is on last support, good buy? This chart is for longtrend investors
BGBIO is a biotech company with focus on cancer treatment. Like most biotech it is extremely volatile for news, but often fluctuate between key buy and sell zones when no news are evident. BGBIO is presenting news on their cancer treatment 25th of june. They are currently first in line to do a free test in ACCORD - the British rushed testing setup for...
after the trend range break the VWAP line and big volume apears it a sign to buy and take profit when the springbox candle shown again
Norwegian biotech smoking hot atm
Biotech company based i Norway/UK Listed on OSE BergenBio`s Bemcentinib now in UK financed Covid-19 studym, Fast track ACCORD. Number og study ongoing: 15 3 big: * ACCORD Covid-19 * Bemcentinib/Keytruda combo whit Merck i NSCLC. * AML 9 of 15 sponsored studies. Tecnicaly potent, whit big upside potential. Fair value at the moment 86nok. Archtic Securities.
Although I am a technical trader, the fundamentals helped me keep my conviction and my bearish positions through this market rally. The most important thing to remember is to gather as much information as possible and base your actions on facts, not emotions. The OBX indeks has broken down from a rising channel / symmetrical triangle. The measured move for this...