Harju Elekter (HAE1T): Insight from My Recent Radio TalkHi,
I spoke this morning on the local Äripäev radio in Estonia about stocks, and we discussed Harju Elekter as well. Here is the chart, and here is the zone I mentioned - just to provide a visual.
..and here is the idea post from 2020 as told on the radio as well:
Regards,
Vaido
Nasdaqbaltic
Tallink Grupp (TAL1T) | Strong Area Retest.Hi,
Lately, I have noticed a lot of cars with Finnish license plates in Estonia. ;)
To be more serious, yeah, technical analysis doesn't work perfectly in low-volatile markets but still it still can be used. Currently, the price has come to retest the strongest area around the current prices and probably it can be an area from where to enter - who have searched for it.
GL,
Vaido
Ignitis Grupe (IGN1L) | Wait For a Breakout!Hi,
“Ignitis Group” is an international energy company making the world energy smart. It’s one of the largest energy groups in the Baltic region.
The group’s core activities include power and heat production and supply, power and natural gas trading and distribution, and power system maintenance and development.
The development of green energy is a priority for “Ignitis Group” with an aim to become the region’s main competence center for new energy and a leader in distributed energy solutions in the Baltic Sea region and beyond.
Technically speaking we have quite a strong horizontal price zone just above the current price. Last weekend Ignitis got pretty pumped up at one of the largest investment conferences in Estonia but still, no rush because as said we have a strong horizontal price zone just above the current price and it can act as a strong resistance level.
Game plan: Wait for a breakout, wait for a weekly or monthly candle close above the shown area, let's say around €20.5. Then you are ready. After that investors have found that power to push it through (as you see it has been several times as a support, several times as a resistance - a lot of power needed to go crack it), then wait for a retest of the breakout area and technically you have done everything correctly ;)
Do your homework by doing a fundamental analysis!
Regards,
Vaido
Enefit Green (EGR1T)| Technically an Area From Where To Load It.Hi,
One of the most popular stocks from Nasdaq Baltic, Enefit Green, has reached technically an area from where you might want to start building your positions as a long-term investment. Quite stormy and messy times and quite uncomfortable to buy something but in investing, what is comfortable is rarely profitable!
Technical criteria:
1. Strong horizontal price zone
2. Trendline third touch
3. Minor downwards trendline possible retest
4. Short-term channel protection
5. Short-term equal waves from the top
6. Daily EMA 200
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido
TALLINNA VESI (TVEAT)| Buy when there's blood in the streets IIIHi,
Tallinna Vesi is the largest water utility in Estonia, providing drinking water and wastewater disposal services to over 460,000 people in Tallinn and in several of the neighboring municipalities. The Company operates a 2,000 km2 catchment area to collect raw water, and owns and operates the full range of assets required to treat and supply water and collect and dispose of wastewater and stormwater. The Company is certified to IS0 9001, ISO 14001, ISO 17025, OHSAS 18001 and is EMAS accredited.
I got a lot of questions from my Estonian followers: "What do you think about Baltic stocks?", and here is the next one. Tallinn Water has started to approach technically a strong price zone. Let's see how it reacts to the highly risky market conditions.
"Buy when there's blood in the streets, even if the blood is your own." - technical analysis is perfect for that kind of market situation. Technical analysis gives you just a little bit more a sense of security: you had a plan, you have waited for some certain price levels, you see a long-term perspective and you have done everything correctly to buy it - and after that, your decision is on the hands of the market.
Technical analysis criteria are pointed 11.00 - 11.60:
1) After the break above the blue descending trendline, it should start to act as a support level.
2) The black ascending trendline from the beginning of 2018 adds strength to the pointed area.
3) Strong orange horizontal level.
4) Short-term Fibonacci retracement level 38%.
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido
HARJU ELEKTER (HAE1T) | Buy when there's blood in the streets IIHi,
After launching its activities in 1968, Harju Elekter Group has developed into a leading producer of MV/LV electrical and engineering devices in the Baltic countries and a well-known and respected manufacturer in Scandinavia. Harju Elekter’s main field of business is the development, manufacturing and sale of equipment necessary for the distribution and transmission of electric energy. The main business is supported by a sheet metal plant in Estonia and the development and leasing of industrial real estate.
I got a lot of questions from my Estonian followers: "What do you think about Baltic stocks?". In the next following posts, I would like to point out a few stocks from Nasdaq Baltic.
Harju Eleter has been on my watchlist for a while and now the overall panic has dragged the price almost to my prepared area.
"Buy when there's blood in the streets, even if the blood is your own." - technical analysis is perfect for that kind of market situation. Technical analysis gives you just a little bit more a sense of security: you had a plan, you have waited for some certain price levels, you see a long-term perspective and you have done everything correctly to buy it. - and after that, your decision is on the hands of the market.
Technical analysis criteria are pointed 2.95 - 3.45:
1) The clean yearly resistance level from 2011 becomes the support level.
2) Perfect trendline
3) Fibonacci retracement 62%
4) Fibo Extensions
5) "50% club"
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido
SILVANO FASHION (SFG1T) | Buy when there's blood in the streets!Hi,
Silvano Fashion Group AS is an international lingerie distribution group involved in design, manufacturing, wholesale, franchise and retail of ladies lingerie. Silvano Fashion Group has more than 2000 employees in 5 countries.
I got a lot of questions from my Estonian followers: "What do you think about Baltic stocks?". In the next following posts, I would like to point out a few stocks from Nasdaq Baltic.
Silvano Fashion has been on my watchlist for a while and now the overall panic has dragged the price almost to my prepared area. It is a good dividend stock, currently undervalued but as we all know, the current market situation is highly risky.
"Buy when there's blood in the streets, even if the blood is your own." - technical analysis is perfect for that kind of market situation. Technical analysis gives you just a little bit more a sense of security: you had a plan, you have waited for some certain price levels, you see a long-term perspective and you have done everything correctly to buy it. - and after that, your decision is on the hands of the market.
Technical analysis criteria are pointed 1.65-1.85:
1) Fibonacci Golden Ratio 62%, acting as a support level.
2) Fibonacci Extensions.
3) The blue minor trendline should act as support.
4) Historically worked orange support level.
5) Equal waves of AB=CD
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido