Boliden at supportBoliden dropped +25% in less than 3m.
Probably good entry point for long term investment.
Next report date
Report period
Q2 2024
EPS estimate
1.31USD
Revenue estimate
1.99 BUSD
3.21USD
572.06 MUSD
7.40 BUSD
About BOLIDEN AB
Sector
Industry
CEO
Mikael Staffas
Website
Headquarters
Stockholm
Founded
1947
FIGI
BBG000H165X4
Boliden AB engages in the exploration, mining, smelting, and recycling of metals. It operates through the Business Area Smelters and Business Area Mines segments. The Business Area Smelters segment consists of Kokkola and Odda zinc smelters, the Ronnskar and Harjavalta copper smelters, and the Bergsoe lead smelter; and is involved in trade of smelters' products. The Business Area Mines includes activities in Aitik, the Boliden Area and Garpenberg, and Tara mines; and sale of mined concentrates. The company was founded in 1931 ad is headquartered in Stockholm, Sweden.
Possible down trend Interesting Stock, on the 15th of July the price made what is called in technical analysis dead cross, a signal for a beginning of a downtrend. Now it seems that the price is using the line of the moving average of the 200 periods as resistance and is entered an area between the price 381.05 and 351
Boliden: Time to short the Bear Bounce?Here, I am thinking that both Boliden and copper could potentially top out of their bear bounce. And possibly come back below the trendline.
There is a divergence between RSI and other indicators, which suggests that the 4-hour top is becoming more likely.
In addition, the current macroeconomic co
Boliden could run! - long term outlook$BOL - Boliden seems to just have cleared the downward sloping resistance. 1 or 2 more closes above should set the scene for a harmonices AB=CD move. With the goal of 498. Could take a while to get there. Stop loss under the long term rising support.
Reentered short, Boliden Reentered. Breathing pause, clogged gap. Se you at 270! Stoploss 311,5, Short.
Short, Boliden Taking short position in belief that the Head and Shoulder formation will be effected. Bearish Marubozu/MA-20 cross after resistance level (5/8), charging phase and strong red Candle hopefully starting the fall down to 302. If so, the Head and Shoulder formation is completed and a continued fall dow
Sharing my thoughts and observations on BOLSharing my thoughts and observations on BOL in this chart. Stop loss has been placed on what I think is the top of Minor Wave 1 (observed in H1) within Intermediate Wave 1 on Wave 5.
Boliden AB - Interest of smart money investors1. There is selling climax at number 1 on the chart, small investors, for fear of strong declines, sell their stocks. During this, large investors started the buying process.
2. There is a large volume on the downward wave, but the price does not move lower, it means that while one side of the m
Boliden From a positive optimistic view these is definately a view with a little volitility inbetween for Boliden to reach 326 again and have a tight stop in around 300 over the next 3-6 months
+ global copper market was in a deficit last year.(2018)
* Bounced of lower level support..
* good dividend
* d
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