Ericsson despite all the odds ... do you dare
Updated
latest earning report not encouraging, the market is not showing any growth, apart from Amazon, Google and MS, not even to mention Nokia, that showed a win.. but the fact that the price action for Ericsson is showing a strong rise after the "bad report" logical ? , well I do not trust media, but I trust price action.. so fundamental is against me, but what the heck.. one trade of many..
Trade active
Trade closed: target reached
I am out, but will stalk this one if consolidation takes place.. I presume we have a stronger resistance at this levle...
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