CHXEUR:PGSO has been in a huge uptrend since 30th November 2017, soaring over 270% in less than 240 days.
- Now it's in a downtrend, and looks to be forming a H&S formation.
- It broke it's ascending trendline and also failed the recent pullback. (Marked in stapled red)
- Should the price break through the 200 sma, we might see the 50 sma crossing down and...
Technicals:
Nordic Nanovector retraced from recent high to fill gaps down to support at NOK 48, which triggered a strong reversal pattern.
Investors will be keen to follow if the stock establishes a trading range above 53 NOK which would represent a breakout from the recent downtrend, and even more if the stock could possibly break free from the almost two year...
Big red candles in this stock during the last weeks, might bounce back more than 100%. Looking for flat bands on daily to buy, think it can take a couple of (or more) weeks.
Norwegian Finans is a promising company for the Nordic countries. It has been facing some resistance after a failed rally from an inverted Head and Shoulders.
Now I am not a big fan of drawing these kinds of patterns but a clear corrective count could be given from the peak, still waiting to be confirmed. What now appears to be forming a H&S from the failed IH&S...
News 2014
- Polarcus Fails to Obtain Firm Seismic Contract Offshore West Africa
- Marine seismic survey specialist Polarcus has received support from lenders for its proposed debt restructuring.
-Polarcus: Merger of Bond tranches
An acquaintance of mine who works as a lawyer recommended that I invest in this company around 2015, 2016.
I just watched.
Reason:...
Looks like Scatec Solar needs to correct a little, candles are now outside Keltner Channels and Bollinger Bands . Almost everytime in past the stock have done this the price have seeked to the middle and bottom of the bands, it might bounce from the middle band before starting an downtrend.
ORKLA has been inside a trading range (74 - 87) for a while now.
On 15/6-2018 it climbed 3% on high volume after being in danger of falling below the support at 74. This was a strong signal, indicating that 74 is indeed the floor.
Lower highs in MACD and RSI has been an issue for a while, and we need to break that trend before this stock can rally.
This is a...
WWL has a strong support at 40. Positive MACD crossover and BUY-recommendations from analysts with price targets of 55 and 60.
First resistance around 52 (SMA200 + traded volume), giving an upside of 23%
