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BOLIDEN

Boliden AB - Interest of smart money investors1. There is selling climax at number 1 on the chart, small investors, for fear of strong declines, sell their stocks. During this, large investors started the buying process. 2. There is a large volume on the downward wave, but the price does not move lower, it means that while one side of the market was selling their stocks intensively - the other side of the market bought them. 3. The price has moved below the minimum level of selling climax, it was a controlled check by large investors - is there still a large supply on the market. The low volume means that the supply was mostly bought. Summary If the price is above the consolidation channel - it is worth to buy stocks at a correct. Important: The breakthrough of the upper level of consolidation should take place at the increased volume.
OMXSTO:BOLLong
by Suminski
Boliden From a positive optimistic view these is definately a view with a little volitility inbetween for Boliden to reach 326 again and have a tight stop in around 300 over the next 3-6 months + global copper market was in a deficit last year.(2018) * Bounced of lower level support.. * good dividend * dollar weakness * Electric car demand-- *- Chinese economy weakness *- Dollar strength * The Bubble that is supposed to deflate/pop The market is unsure? So a small post to begin with...or are we reaching the blow of top where commodities outperform.. starting to think more towards the later...keep it tight if it drops...choose your own levels...
OMXSTO:BOLLong
by PoPnoStyle
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