Scatec
The RE-accumulation phase of Scatec ASA (SCATC)After a blow off top Scatec solar has gone down 50 % and has been going sideways for almost 2 months. Even though the price isnt moving, the MACD and RSI are going upwards, this is extremely bullish in my opinion. In the coming week/days we might see the price moving upwards, and possible retesting the ATH. (PS: not financial advice)
Is Scatec Solar at the peek?Looks like Scatec Solar needs to correct a little, candles are now outside Keltner Channels and Bollinger Bands . Almost everytime in past the stock have done this the price have seeked to the middle and bottom of the bands, it might bounce from the middle band before starting an downtrend.
