As you see on the chart we are in a bearish channel situation. So if we have a breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume we will have a big probability of an uptrend. In other hand, if we have the breakout with force the support line by a big red candle with a large red volume it's mean that we...
As you see on the chart we have a sell idea because we have a squeeze after an uptrend. Thanks.
Spring effect on the vwap indicator as you see on the chart.Thanks.
Resistance at 8,- Nok To break upp to the chanel 8-15 Nok Falling down 90 % from the Top peak. IPO at 18 Nok And lots of Innsider buying stocks in okt- November 2022. They have som pilot protjects whith some larger energy companies Spesially Norway and China. They are Now to be evulated for Bigger contracts. So this can be a green Diamant to look for inthe...
One might assume that a short position would be worthwhile. However, I am bullish on this stock. It could be the breakout of the falling wedge. The market is also too volatile for me for long leverage. I continue to hold the stock.
As you can see on the chart we are in a downtrend case. It could have a trend reversal (bullish) if the vwap indicator as well as the resistance line are forcefully broken by a large green candle and followed by large green volume.Thanks
As you see on the chart we are in a downtrend so we will have a big probability of downtrend continuty after the breakout with force the support line by a big red candle with a large red volume. But, in other hand we could have a reversal trend (uptrend) after the breakout with force the vwap indicator and the resistance line by a big green candle with a large...
NEL ASA Is an under-the-radar company - It was not the fast track company and I did a silly buy a year ago. But most likely you will hold your loss confidently if you know what's behind the scene. That's what I do. Now you have 15 days to analyze the company while it will retrace a little bit and take a position. Its cheap so think about that you gonna buy some...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ Nothing special to say here Traders, price consolidation took the...
The main index on the Oslo Stock Exchange is heavy on oil. So the oil price will have a lot to do with what we can expect. Under normal circumstances, this is what I would expect in the months ahead for this index. Now, though, it's not normal circumstances, so it's not good to say.
According to the current structure ,we first need to break the low before to start looking for a possible move up !
The lost the monthly low and just hit a weekly resistance close to the end of a rising wedge. Would like monthly not to close above low 1200's Target 930's and 820's
Many bearish signals on the Oslo Boers right now-- at support on an ascending wedge, at neckline of head and shoulders (at a monthly lower high), top of h&s made an hourly double top against resistance that has been steeply rejected twice this year. NOKUSD is weakening temendously and maybe the European oil price cap is impacting the OBX's major holdings (Equinor,...
Solstad Offshore Trend. Bull or bear? Decide yourself!
Many will probably change their positions in Norwegian fish farming companies to Bakkafrost after a bill on resource taxation. Most people were not aware that the political risk in the salmon industry was so great in Norway. Trend lines and pivot lines are determined by a longer time horizon than current charts in a year. Bakkafrost is located in a falling...
Yesterday Autostore was up 120% in 26 trading days. Q3 report on 10.th of November. I do not expect a very good report and price might dump to approx nkr 15. Stock is now very overbought with bearish divergence and shooting star pattern.
“Var Energi” went stock exchange listed in February. The stock is not in any long trend, no what best describes the price is a REC that the price fluctuates in. There is a double top that is to some extent supported by volume. Its width is 6 months. Immediately there is a break of 4%, but since the end of September the price has been hovering above and below the...