Zolly
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0Joined Jan 15, 2016
chartpattern
fundamental
gogl
golden
indicator
ocean
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Yesterday Autostore was up 120% in 26 trading days. Q3 report on 10.th of November. I do not expect a very good report and price might dump to approx nkr 15. Stock is now very overbought with bearish divergence and shooting star pattern.
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Golden Ocean had quite a run from lows in March 2020 to late May 2022 of +490%. Since then stock is down approx 40%. We now have this H&S pattern on weekly chart which signals a change in trend and also a possible Death Cross on daily chart in the making. Technicals are bearish and fundamentals are not looking great with Chinas economy slowing down and consuming...
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