NKT consolidated over 320 days with 11% from top end 2020 until now. Now going against a double top and possible facing a new pullback.
An inverse head and shoulders on NKT that broke the neckline 48 hours ago. An acceleration to a new all time high took place the same day. The next day showed much of the regain reverse, which is a worry as this engulfing candle could be a reversal sign. However, watch price action over next couple of days to see how it shakes out or play it with a tight stop...
This one have been skyrocketing nearly 100% since october. its crazy for a stock like NKT. It must get some kind of correction soom, im betting for Bear start. RSI and MACD indicate lower and lower tops
Looks like a solid new up trend here in NKT. Good buying spot now in my opinion with a stoploss at around 145 DKK. Annual report out on the 26th of February.
Looks ready for a new up trend if the 140-142 DKK support line holds.
Looks like it has broken out of its downtrend and is now in a narrow uptrend.
NKT in a uptrend. NKT will do well in the green economy. They develop cables. Cables will be in demand as we switch from a Oil based economy to a more or less fully electricity based one. Have a nice day.