Hi, Bloody streets from Sweden. An interesting company has reached quite an attractive price zone. Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies. Its biometric systems include sensors, algorithms, software, and packaging technologies. The company offers biometric solutions for smartphones, PCs, tablets, smart...
Option green: Retest of support and creating good entry at around SEK 66,-. Option orange: Break of overhead resistance, probably going to test the 50MA (blue line), before retracing to the new support around SEK 74/75,-, hopefully creating a good entry signal in that area.
OMXS30 BEARISH SEASONAL : Looking for Short sell oppu
Vicore has to get above the resistance around 19.00-19.50 before considering a buy. What we are looking for is a reversal pattern, for example a double bottom.
Ericsson broke above structure after creating a W-formation and seems to be going for a retest of support. If it holds that will be the perfect level for a buy.
OMX pullback looking healty with a bounce at 200 ema.
Right now at resistance, low probability entry. Either needs to break resistance or revisit support and create a double bottom or something similar.
Short term trend for OMX looking bearish. Looking to alter some cash and pick up HSTECH.
Mycronic looks like its going for the full reset. Its painting a beautiful bullish shark at an inflection point. There is also some nice bullish divergence coming in on the MACD. One could open a position right now or wait a little longer for the full .886 retrace and possibly a confirmation low. One could also open a position right now and size up as it moves...
Buy the rumour sell the news :-), added two more positions at 24,62, the old ones are still positive about 100% at this time.
I got through my order of 318.20, suspecting there is not much more to expect of this trade. But I have a hard time rejoicing, I would have preferred the company to remain on the Swedish stock exchange.
Target reached. Top trend line hit. Bearish crab perfect hit. Drop expected. Claim of yellow channel only hope for continuation. Target price approx 100 (good horizontal support & 0.382 fib)
Weekly MACD just turned green. The worldwide power crunch is going to go down in history as one of the messiest. The energy and gas companies are going to make insane money this winter.
Here we how KNOWIT is inside the triangle and finally on the monday of 4 october will decide wether to go up or down. Those who dare to invest before the weekend might find themselves richer after!
Just a fun thought experiment. What if you superimposed the 2001 and 2008 crashes on the graph today? Turns out it would land squarely on some very important resistance lines. MACD on weekly looks absolutely terrible, which is what led me to believe we have passed the "euphoria stage" and are now heading towards a market cool-down.
Is fallning wedge thinking right? what do you what is next?
After a retracement since early May, Embracer is seeing a nice bullish divergence on the daily charts combined with an oversold RSI and positive WaveTrend signals. I'm anticipating a reversal here.
Thanks for the ride! My guess is that there is not much more that I can get out of this one.