MAERSK_A is approaching a major supply zone around 12,800–13,200 DKK, which has previously acted as strong resistance.
The stock has been forming higher lows, respecting a long-term ascending trendline, indicating overall bullish structure unless that trendline is broken. In the short term, a W-pattern is forming, indicating bullish momentum towards the supply zone. However, there is a risk of forming a Head and Shoulders pattern, which would be bearish if confirmed. It is also important to note that after the dividend payment, a price drop is expected, possibly due to the adjustment of share price post-dividend distribution.
The company continues to beat earnings and increased their dividend payout. Recent news suggests a strong partnership with DP World to expand maritime services in Brazil, which could enhance long-term revenue stability.
Bullish Scenario: A break and close above 13,200 DKK with strong volume would confirm further upside potential.
Bearish Scenario: If resistance holds and a Head & Shoulders pattern forms, expect a drop toward 10,950 DKK or lower after dividend payments.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.