Buy idea after the breakout with force the resistance line by a big green candle with a large green volume. In other hand, sell idea after the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks!
Look to buy above 120 upon re-test
Triangle continuation pattern
Strong RSI
Above 200 MA
Inverse Head and shoulder
Make sure that you see a retest, the stock must break 120 with (hopefully) good volume.
Good luck"
Here we see the hyper bullish SCA_B at the end of a 5 wave cycle having out performed most Swedish stocks since the 2008 Financial Crisis.
Price Spiked up beyond a 6.18 projected fib trend line based on the first impulse wave after which price has sold off very quickly.
Exports have been given a steady and then huge boost by the devaluation of the Swedish Krona...
