In the next 2 years, the share price will fall by 4 times.
One of Northern Europe's largest energy businesses, Finland's Fortum Corp (€23.51), displaying strong price action as it trades near the upper boundary of a 12-year base. Not the same industry but the structure is reminiscent of Rio Tinto & Southern Copper back in Aug-2020. Equity Portfolio Idea.
Just a test, added the top 10 stocks of OMXH25 to a chart with 75% weight of the actual thing, so this represents 75/100% of the actual index. Seems like there is some cyclic pattern that upon repetition points down.
Not trading advice. Let the chart speak for itself. DYOR b4 investing.