What has happend well we can see that saels people are throing there shares out so we see a verry hard selling here. We do not see any byers coming in here for support, Be carfule now. I really thever take un position for shorting. The hitrate is not good there. Keep out is beter then taking position here.
Hexagon, The Queen of Sweden. Farwell
Hexagon is done is massive move under Corona and is about the burst with the economy. no support leg a higher range.
Big short alert.
Long positions can be taken due to:
- Stock is above 200 periods moving average
- Inverse head and shoulder broken and in play
- Broadening wedge on monthly broken. Which is a very strong indication to take a long position
Long term target around between 825 and 850 remains in place
