The continuation pattern of symmetrical triangle looks to be forming. The time period for the whole triangle is 6 months.
SHOT found support on the 80.6 W1 levels, last time the bounce was stopped by the 200MA which is now weakening. Seems that a bounce is imminent. Risk 11%
Despite reaching the 8.10 W1 resistance there was no sharp drop and likely some kind of accumulation on the 7.00 level. There is, it seems, some room for the bull run to resume. Risk 20%
Bulls in control on W1 and M1 timeframes. Now on interesting 3.50 M1 support. No major hurdles on the way for a bounce... Risk 15%
Looks like the weekly and monthly supports are strong looking at the last candle. Would buy above yesterday's high and sell around 0.67 Risk 9%
Ossdsign has today made a very high candle, the share has now risen a bit since my last analysis. Everything seems to indicate that this trend is not over yet. Ossdsign lands its half-year accounts on Aug. 21, which is very exciting. What is OssDsign The ultimate goal in reconstructive CMF surgery is the restitution of a skeletal defect by the patient’s own bone...
Ingen insiderhandel, inget positivt
Björn Borg recently broke its negative trend since July. The main goal is to break the roof at 26,30kr, where the stock has had some resistance in the past. I believe we'll break the roof and continue upwards.
Bulls just took control on the Daily time-frame. Bears never took over on the weekly and monthly time-frame. A good opportunity to buy as it is cheap on the weekly timeframe. Risk 41%
Bulls just took control on the Daily time-frame. Bears never took over on the weekly and monthly time-frame. A good opportunity to buy... Risk 22%
On the weekly time-frame the Bears never took control and it seems the stocks is reversing. On the daily timeframe bears still in control though. Risk 30%
H&M will soon release their new collection of clothes, a collaboration with ''Menwithclass'' who has nearly 5 million instagram followers. This means a lot of marketing on social media for their webshop, and also a lot of more sales. I expect they'll break the trend-roof in the near future.
A closer look at the short run, we see that the 20 EMA Crossed the 50 EMA once and even the 200 once and then dipped, and it is close to cross it again. The upper trendline is a strong roof, and the trend is pointing down.
The 20 EMA is close to crossing the 50 EMA. Previous trends (yellow vertical lines) with the same crossing the stock fell beteen 5-10%. I think at the start of 2019-08-12, the cadles will test the floor of the lower trendline or pitchfork, worst case scenario will be it going down to Fibonacci 23,6%-line, before bouncing back up. It is still a positive trend on...
OMXSTO:VITR Despite several attemps from the bears to reach the 160 level, the bulls are stronly in control. It got cheap in the process. Probably a good opportunity. Risk 15%
With the increasing prices on iron and decreasing prices on steel i still expect a downturn for SSAB until the first quarter of 2020. Part-time personnel are being reduced and a furnace got shut down recently. I expect a turn in the middle of the first quarter of 2020, it isnt ogre yet (shrek is life).
Technical: The support resistance is getting testing at 170 and the bottoms are consistently getting higher. H&M is a good long term hold in an increasing trend. Once it breaks out above 170 it will reach higher levels. Fundamental: H&M digital turn-around and finacial reports shows signs of improving into an omni channel future with ecommerce in place. The...
Did a nice retracement to the 10.80 level with a confluence on 1D 200 SMA. 1W Bulls in control. Should keep the UP move. Risk 23%.