Possible bottomPossible bottom with strong divergence and impulse with small flag. Expecting price to test 48 and 0.236 fibonacci retracement of the big wave forming an ABC-pattern.Longby johanholmberg2
Swing with potentialLooking for previous resistance to turn into support with a tight SL. I will close the trade if it bounces off of resistance and goes down to ~63,5 . If it goes up through those levels I will re-evaluate my exit.Longby OldTreeMan3
Ericsson despite all the odds ... do you darelatest earning report not encouraging, the market is not showing any growth, apart from Amazon, Google and MS, not even to mention Nokia, that showed a win.. but the fact that the price action for Ericsson is showing a strong rise after the "bad report" logical ? , well I do not trust media, but I trust price action.. so fundamental is against me, but what the heck.. one trade of many.. Longby S_AUpdated 3