Ok, I’m moving in! From the trendline drawn from 2009 we see a possible bounce incoming. I’m fully aware that B&O barely avoided bankruptcy back in June and the share issue that saved them. But from a technical view this is looking far too juicy to just let go. A Long position is established here today. Might not happen just now, but potentially soon. Look at MACD...
Many major investors believe that next year will be the 'year of stocks'. After recent major sell offs, many big companies lost at least 10% of stock value in December alone. So now is a great time to look for potential bottoms for long term positions at the start of the 2019. This is a luxury brand of Bang & Olufsen, approaching the massive trend line and support...
