Episurf submitted a very strong newsflow ahead of its capital markets day and the stock market reacted very positively to this. Some cooling off is to be expected after such a strong move, but the stock is pulling back in a very calm manner and looking to establish support on top of previous highs from January. Watch for reduced selling pressure above the 2 SEK line.
My previous short target hit, albeit very quickly (see related idea). I'm waiting for us to creep back down to low 9k's/ high 8k's before we confirm whether or not we will continue this raunchy looking triangle. if the triangle is not to continue, we will fail to break 9500. This resistance may be encountered beginning at 9300+. Alts are showing more strength...
Short in the short term. Expecting ranging for the next few weeks before some continuation higher. Expanding wedge leading into further sell off. Head and shoulders on shorter time frame just confirmed. Figured why not trade some Bitcoin during quarantine.
So for the traders among us that were children in the past, there is this song which goes: Head, shoulders, knees and toes, knees and toes <--- Head, shoulders, knees and toes, knees and toes And eyes and ears and mouth and nose Head, shoulders, knees and toes, knees and toes So naturally, we should see a head shoulders pattern again