OUT1V - Bull div on daily. Not advice. Just showing bull div on much larger downtrend. Possibilities are high for us to test upper lines on the downtrend channel.
−0.13USD
−111.35 MUSD
7.53 BUSD
About OUTOKUMPU OYJ
Sector
Industry
CEO
Heikki Pekka Mikael Malinen
Website
Headquarters
Helsinki
Employees (FY)
8.47 K
Founded
1910
FIGI
BBG000GGNGQ7
Outokumpu Oyj engages in the manufacture of stainless steel. It operates through the following segments: Europe, Americas, Long Products, Ferrochrome, and Other Operations. The Europe segment consists of coil and plate business as well as ferrochrome production. The America segment involves in production of standard austenitic and ferritic grades, as well as tailored products. The Long Products offers applications such as springs, wires, surgical equipment, automotive parts, and construction. The ferrochrome segment produces charge grade of ferrochrome. The Other Operations segment comprises of electricity, nickel warrants, internal commissions, and services. The company was founded in 1910 and is headquartered in Helsinki, Finland.
OUT1V forming an iH&S?See chart. Zoom in in you will. WIll update for a couple of weeks.
No trading advice. Just a chart-pattern analysis.
Last test of support on OutokumpuI have been working on the theory of the current price action being a smaller fractal of the last bull run from ATL 0.88% .
A pitchfork can confirm the channel play occuring and a slight bullish divergence can give indication on a rally soon.
Three tests of RSI support and vertical support from a
OUT1V - OMXH - Possible bullish gartleyPossible bullish gartley spotted. Long term investment.
Will write more some other day.
Stainless steel has a huge upside potentialOutokumpu, a european stainless steel maker has just broker the resistance, it has a upside of 30 euros
OUTOKUMPU Looks like an legit short. Might go for another higher high or double top. Follow the RSI to make sure it doesnt do higher high. Lower high = even better..
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
