Bufab is a quite boring company fundamentally. They deal with C-parts, the whole logistics chain of distributing C-parts. But it's a huge market and the stock took a big hit from COVID-19 but is now on track to recover.
I'm looking out for the 108-110 SEK area for a possible entry.
Pricer B was on a strong stride upward, ready to establish itself above 25 SEK and then what happened? They released their financial report with some numbers that the market reacted negatively too. But Pricer B is fundamentally a strong company which was inevitably affected by COVID-19. The market saw the panic selling as a buying opportunity and the stock is once...
As expected, the impulse happened today and Pricer B has once again established itself above 25 SEK. Judging by RSI and MACD, there's still strength left in this impulse and we have some interesting days in front of us. I would like to see the stock establish itself above 25,8 and then some nice price action can be expected in late July.
SinterCast did not dip as far as I thought in my previous analysis, instead it formed a beginning of a cup and handle. 160 SEK looks like a strong psychological support level, but I'd imagine it could dip a bit below 160 SEK before an impulse happens.
For a while now, Pricer has been consolidating below 25 SEK but generally holding the 24 SEK support level. Now, if you look at MACD, RSI and the fact that it broke through the short term triangle, we might see 25 SEK being broken again and hopefully Pricer will start its journey towards pre-corona levels.
Vicore did not manage to hold the short term upward trend line, so an entry around 17,9 SEK would be a better bet for a trade. But I would be hesitant to enter without 17,9 being confirmed support a couple of times.
Gabather couldn't keep itself above the trend channel and fell back in. But judging by RSI, MACD and the MA50 line, it might be strong enough for another impulse with a potential of 35%+ increase.
A small trend channel has formed within the larger trend channel. EVO is marching on, strong as ever. If the smaller trend channel's bottom is respected, we might see EVO heading above 700 SEK for good in the near future.
Cellink has had a quite impressive run but is now experiencing a retracement. The short term upward trend will most likely be broken and I expect a fall back to 164 SEK.
Bufab shot up today and established itself briefly above 112 SEK. It's now fighting to stay there, if it successfully does, we might see a quick recovery to pre-corona levels.
It's not every day you see a stock such as Swedish Match have an impulse of 10% in one day, but it happened. It broke its downward trend, shot right above the previous positive trend line and to an all time high.
Cell Impact did not sustain the upward trend and broke through the triangel formation. So far it has bounced nicely from the support zone marked with a black circle. The overall trend is still bullish, but it has some catching up to do if we're going to see an impulse over 40 SEK. I'll stick with my trade for a while longer even though I entered too early (at 38,45 SEK).
Vicore broke through a short term downward trend and seems to be ready for an impulse. The upper trend line in the big trend channel has too few hits to be certain, but an impulse above 20 SEK is not impossible.
Nexstim has been simmering above the support level for a while now, but MA50 caught up and is now acting as support for an impulse. The volume isn't quite there though, but if Nexstim can challenge the resistance zone which starts at about 0.220, there's a possibility of a trend change.
If you look at my previous analysis of Scibase Holding, the candles have followed the green line (that's removed on this analysis) quite well. Yesterday it made a bullish break through the consolidation and I expect the stock to impulse soon through the resistance level.
Today I entered a short trade on Cell Impact because several indicators show that an impulse is bound. We have the MACD cross in a strong support zone at the bottom trend line with RSI moving upwards. Finally, there's also a hit on the MA50 bound.
Last time this happened we saw a 58% impulse, a fall back and then an additional 25% impulse.
I hope my analysis...
Unsurprisingly, Divio is falling back from its latest impulse. Hopefully, it will keep itself above the trend channel's roof that it shoot through previously. But if it doesn't, the other hope is that it'll bounce of the MA50 line and establish itself once again above the previous trend channel.
