As we can see from the 1hr here, price bounced off support at 338 at decent volume. This indicates a switch in momentum to the north. I see resistance at 370 as the target price. But be aware that 200MA will probably provide some resistance first, since it has been well respected in this downtrend. NB: Entry, SL & TP is calculated from 338, price is now...
Some minor cypher predictions while reading about the stock.
Any thoughts on this scenario? would P1 and P2 qualify as double peak (supposedly a bullish formation), and is it in your opinion consistent with the later emerging upward trend (double channel)? As I understand it, a prerequisite for a bullish development is the high traded volume at Peak2 (bottom). Any opinions and contributions much appreciated!
Another attempt to identify the development for the stock in which I hold my largest position. This multi disciplinary "national treasure" company, with very long lines back to the original Fred. Olsen-company, is ideal for me to practice on. It´s stable development trends is very forgiving for the rookie eye to experiment with. Now, a possible horizontal movement...
As an amateur I am using this long traditions "national treasure" multi disciplinary company as an easily accessible stock for practicing eye on patterns. I hold my largest position in this stock. It is traditionally stable, with relatively clear patterns. Now, a possible horizontal trend under development after a long and steady climb. Tradingview´s barometer is...
NEL is definitely in the buying zone here at 7.5 NOK where a tight stop loss as indicated by the black line can result in 9 % loss. But on the upside it can continue its trend with 110 % gain per year. Disclaimer, I bought stocks in NEL at 7.35 NOK
This is not really an analysis (obviously), I just wanted to test the functions and see if the emerging pattern makes any sense.
SAS dropped a lot today due to Q3 presentation. Looking at a retest of the Order Block @13.10 for a potential entry.
There is a ABC pattern forming after 5th wave now. Lets see how far down wave C will take us.
All the indicators has the same conclusion, bears are taking over. Weak momentum and no clear direction, could be a flammable combination for the Norweigan hydrogen company.
Omvendt hode skulder under utvikling. Jeg følger med på denne om den bryter opp kan det være potensielt 30% opp.
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For the three drive pattern to be validated the second leg down should touch the trendline and the time intervalls between the ups and downs should be close to identical. Due to recent noise which always seems to be around NAS and the last stock issue (again) it’s hard to predict the next impulse up. But then again, this does not look too far from a classic three...
Definitely a long term investment for every portfolio size. Fundamental: The Company delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing...
Targovax OSL:TRVX a clinical phase norwegian Biotech is currently at market cap NOK 327 million / 35 million USD. Value inflection point very close as the company will need to raise funds in the very near future, which must either come from investors or from a possible partner deal. PRESENTATION OF ONCOS-102 MELANOMA DATA AT SITC ANNUAL MEETING ...
Trendline shown here functioned first as support, then as resistance for the last 6.5 months since beginning of april. By failing to move above it at the second attempt nov 20th, I would expect the stock to enter into a new trend. That trend can be down, sideways, or up at a slower rate than it has been going so far. Time to secure profits, and wait for a new signal ?