OMXH25
Wartsila possible bull movementHello!
The first "real" stock I have ever bought. Wuhuu! (for long term) 5th of january 2021
Had to make a small analysis about it ;)
Okay. So we can see from the left chart (weekly) how we have been under this supressing trend line from the year 2018, 30th of july. Price hit the trend line 4 times and the fifth time broke it. Atleast for now.
RSI has given us also this beatiful price action and a trend line which had been hit 4 times. Right now we can see from the chart that fifth hit seems like it's going to break it, so the trend might turn to bull.
On the right chart (daily) we can see 200 ema (red line) under the price and how the price used it as a support (other than before). RSI did also break the short time downward trend line.
This also gives me a bullish view. If we break them we might go lower.
(left picture) First target we need to break is that 9 euro resistance then we get good space maybe move towards 11,3 euro where there is again 200 ema waiting on us.
I don't think this is a good stock to trade, or maybe it is, but if you do take TRADES always use stop loss!
Otherwise you will get your ass burned.
-Jebu
Finnair's support zone holding - BullishHello everyone! Time for free analysis! :)
Finnair has been downtrending for months now and by now we are able to trade the uptrend. In December Finnair was priced at 5.5€ and since then it has been uptrending. Support trendline has been strong and it has not been broken. When touched, it will go back up.
Today Finnair has been declining for 3.5%. Good opportunity to long.
Earlier in the chart I have analyzed Finnair's profit levels. (Unfortunately not in the picture).
The most common price channel on Finnair has been 6.87 to 7.515.
Here is what I suggest:
-Long Finnair.
First profit takeout: 0.236 fibo (6.410)
Second profit takeout: 6.820€
Third profit takeout: 7.15€
At best there is 18% upside.
Dark blue lines = low-point trendlines
Light blue = top-point trendlines
Feel free to leave comment! What do you think about Finnair's future?
OMXH25 LONGHey guys! Long time no see B)
OMXH25-index has fallen quite nice amount of points because of Nokia have had issues in US (some sketchy stuff) and OMXH have been going down for random reasons (not fundamentals). OMXH didn´t drop like it should have done in February so I personally think these 2 bear days so far are the result of January´s bull train. Take notice on that Relative Strength Index (RSI) which is set to last 9 candles (RSI9, very useful tool!) I circled these areas on red which had a decent bear day and went under 30 RSI9. The current situation should be considered as one of these circled areas. Bull is coming!
This is very good time to invest in OMXH25 or OMXH index. I would also suggest everyone to long Nokia or Stora Enso with leverage.
Have fun guys, take some easy profit! :)
I´ll update more on UKOIL/DGAZ/UGAZ sooner or later. Rememer to hit that follow button! :)
/JJ
OMXH25 Longing opportunityI see a good chase to long here based just on TA, so dont take as investment advice.
- OMXH25 has broken out of a falling wedge
- It has broken out of the channel
- While breaking out of the channel it formed a bull flag
- MACD Bullish div supports further growth
2017 also saw a drop, but instead of a falling wedge it was a megaphone pattern with bull div and a bull flag.
Speculative pattern would with the current info do the following: 3945 => 4065 => 3920 => 4400 => BIG DROP later in the future.
Nokia observations on Weekly (simple)Seems like in our current state Nokia is preparing for another touch of the upper line of the triangle.
This seems to be further supported by Hull Macd. If volume is weak we will move sideways and eventually test the lower border of the triangle.
Depending on the Q4 of the company we will either break up or down from the triangle. This will trigger hold or sell among investors.