The Bullish HaramiPeab The Bullish Harami play. 50% upside.
Peab is showing us an The Bullish Harami in the daily chart. If we can break thru resistence we can make a run for a 50% upside!
The idea is to play this if Peab B reach 75.65 we buy long.
What is a bullish harami?
A bullish harami is a candlestick chart indicator used for spotting reversals in a bear trend. It is generally indicated by a small increase in price (signified by a white candle) that can be contained within the given equity's downward price movement (signified by black candles) from the past couple of days.
Peab is a leading Nordic construction and civil engineering company that also specializes in road paving. Known for its commitment to sustainable development and innovation, Peab has a strong portfolio that includes residential, commercial, and infrastructure projects. The company has demonstrated consistent growth and profitability, thanks to its focus on quality, a skilled workforce, and strategic investments in technology. As demand for sustainable building solutions and infrastructure, including road maintenance and paving, continues to rise, Peab is well-positioned for future success.
Disclaimer: Not Financial Advice
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