Good support at 35,50kr from the last dip as seen before aswell. Now the pump can begin, 11days until Arjo's interim report which will most likley give us good results.
Long possibility within downward channel. TP aim intraday or 1-2 days swing around 2-2.6%. Negative in general towards traditional retail companies not managed to focus on the digital transformation. Of course with a few exceptions
This shit really got smashed by the chines copy cats, but what if chines thieves could no longer ship to the free world
#Huawei #allothershit #smartphones #smardcards #paycards #securitycards #Fingerprintcards #id #BIOMETRICS
Nice pull back on monthly support with confluence on SMA 20 & 200
Only hurdle is the W1 SMA 50 which is a bit steep so it may take 1-2 weeks to unleash the beast.
Target 165
Oasmia Pharmaceutical has broken out of the downtrend with a daily close of 16.30% above and a weekly close of 3.75% above the parallel downtrend channel with high volume to support a potential reversal in Oasmia.
Since then it has gone on to form a Cup & Handle pattern both on the daily and weekly chart. (though without high volume on the bottom of the cup)
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ARJO closed just over 40sek on Friday, which has been a strong roof since the middle of the 2nd quarter, resulting in a strong opening on Monday followed by alot of resistance but more support. Im hoping that they'll pump 10% to 44sek in at least a month.
