Very simple technical analysis here. In the past month the OMX Helsinki 25 stock index has broken through resistance, and is trending in the upwards channel until proven otherwise. In the beginning of 2020, Finland's government is introducing a stock savings account with considerably better tax treatment than ever in the past. Finnish citizens are able to deposit...
Momentum has turned bearish on many fronts. Bearish trend pressure coming from above. Currently hovering in a decision zone.
Indicators:
Weiss,
Macd,
EMA
DYOR
Hey guys! Long time no see B)
OMXH25-index has fallen quite nice amount of points because of Nokia have had issues in US (some sketchy stuff) and OMXH have been going down for random reasons (not fundamentals). OMXH didn´t drop like it should have done in February so I personally think these 2 bear days so far are the result of January´s bull train. Take notice...
I see a good chase to long here based just on TA, so dont take as investment advice.
- OMXH25 has broken out of a falling wedge
- It has broken out of the channel
- While breaking out of the channel it formed a bull flag
- MACD Bullish div supports further growth
2017 also saw a drop, but instead of a falling wedge it was a megaphone pattern with bull div and a...
OMXHEX
