I see a high upside potential, both from a fundamental side of the company and through a technical point of view. Interesting company and sector to keep a close eye on.
It has broken a long lasting negative trend indicated by the trendlines and RSI and MacD. Though there seems to be a rotation from growth to value-stocks combined with the fact that all sustainable stocks seems to be old news. It may therefore take som time for the stock to recover, but it will most likely happen.
After a blow off top Scatec solar has gone down 50 % and has been going sideways for almost 2 months. Even though the price isnt moving, the MACD and RSI are going upwards, this is extremely bullish in my opinion. In the coming week/days we might see the price moving upwards, and possible retesting the ATH. (PS: not financial advice)
Ambivalent about this one. Scatec has broken downwards of its upwards trend, but RSI suggests that it could be due for another run.
Will be interesting to see where this goes. Stop loss at 232.
Scatec seems to have created the last bottom formation, both in relation to RSI and MacD, giving it the necessary momentum to break the downwards trend.
