Just wanted to make a fast update, but like 98 % of the rest of the market we are in an downtrend. They positive can be that its starting or started to look good on some signal on the lower timeframes, but the last couple of days have ruied that. So as i see it , its still just a hold IF your holding or and wait if you want in, but we all trade deff , so...
AMBU is very low right now and it seems like it could go very high with the OMX C25 Index . It is at the lowest for almost 2 years and with the interest rates going down it could lift the shares a lot. There is a very strong support level under it and a good resistance goal.
Just an picture og the stock AMBU and how i see it and where i might be heading. remember to do your own analysis and never trade out from others. Stay humble Marttin
Buy/Sell oppitunities = Orange MA 200 line = Blue Are AMBU going to turn into a downtrend ? Are MA 200 gonna hold ? There is only one small resistance left befor we go bearish. Disclaimer: Im not in AMBU
SWING TRADE Position: long ''counter trend'' Entry: 99.30 Target: 117.00 Stop Loss: 95.30 Position open: 16/08-2019 Reason for entry: ABC pull back on lower time frame (Trading the bullish C-Wave) as price action and overall trend on higher time frame is bearish... Let's see how the trade rolles out... Link: www.facebook.com