CDON Retracement Near Completion Buy Opportunity
CDON listed back in Nov 2020 and from 96 SEK up to its ATH of 975 SEK in January 21
its bullish cycle came to a stop at the start of FEB 21 .
CDON has nearly completed its retracement/correction from its dizzy highs of 975 SEK down to
current levels of 430SEK but expecting 300SEK.
and will be presenting a speculative Buy Opportunity .
Price action is trading within this falling wedge, I have done a standard FIB Retracement Pull from the Hi to Lo
and Volume has clearly depleted during this continued move to the downside as presented .
I would like to see the PA go down to the .786 fib level but of course it does not have too .
We can also build support at the current level 0.618, in which case if you wanted to buy then you should wait for a candle
close outside of the resistance . Until then though i expect sideways then one leg down eventually .
Please be aware that this is a highly speculative opportunity for the reasons i have provided below .
DYOR and know your invalidation and always use a SL .
Like and Follow for continued Analysis
21st April
CDON Q1 EBITDA Loss Widens To SEK 9.0 Million
5th March
CDON's CEO Kristoffer Väliharju Temporarily Resigns As CEO
10th May
CDON CEO Kristoffer Väliharju Resigns
8 June (Reuters) - CDON AB CDONAB.ST :
* SUSTAINABILITY IN FOCUS AS CDON AND BRING SIGN A LOGISTICS AGREEMENT
* CDON AND BRING HAVE SIGNED A NEW LOGISTICS AGREEMENT FOR SCANDINAVIAN COUNTRIES,
WHICH ENTAILS AN INCREASED FOCUS ON SUSTAINABLE DELIVERIES.
Sweden
MSFT long idea!I think that we might see a scenario like this the comming weak/weaks. Big tech is getting strength back and we are in a claer bull trend. My idea is too go long if we bounce of the trend line.
Do not see this as a buy or sell recommendation and always do your own analysis.
Im just shareing my thoughts
// Jakobssons
EOLUS VIND (EOUL_B) | Renewable Energy From SwedenHi,
Eolus Vind AB (publ) primarily engages in the development, establishment, and operation of facilities for renewable energy and energy storage in the Nordic region, Sweden, Norway, Finland, Baltic countries, and the United States. The company operates through three segments: Project Development, Asset Management, and Electricity Generation. It engages in the operation of wind turbines; production and sale of electricity; and sale of electricity certificates. The company is also involved in the pre-study, project development, and establishment of wind power facilities.
If you have faith in renewable energy and wind power then this might be your chance. Technically, I can see that the long-term growing "platform" is pretty solid, it stays between 170-200 SEK. Do your own research about fundamentals, company potential, valuation numbers and etc.
Do not forget that the perfect investment decision consists of good fundamentals (you have to make your own research) and you need a good buying area (you have it)!
Stay healthy,
Vaido
IAR Systems Recovery potentialIAR Systems is among the stocks which hasnt recovered after the COVID19 sell off in Feb/march 2020.
There seems to be a strong support for the short-term upwards trend to break the long-term downward trend.
RSI is medium, but will be rising due to the increasing positive volume.
First resistance to overcome is 151 (target 1), second resistance is 170 (target 2).
First support 135 (stoploss should be 128-135, as it is stock with lower market cap).
Yet, be aware, that 50 days avg < 200 days avg, whereby the stock is still bearish in traditional terms.
Long position entered at 142.1 SEK
Covid-19 Scan of North Europe and North AmericaQuick scan for Northern Europe shows that Sweden is spiking rathe parabolic.
They went for herd immunity, and recently only backtracked to making mask wearing mandatory. Quite obvious what we are dealing with and there is no two ways about it.
The neighbour, Finland, which has been out of the news is actually similarly spiking, albeit slightly moderated.
Russia is similar with a spike that is appearing to be slowing slightly.
To the south, Poland is better off with a plateau incoming.
Clearly, Northern/Eastern Europe is is no better shape than Western Europe.
Stay safe and healthy.
Blessed Christmas to everyone there...
Visualisation of diversification This is what your portfolio should look like. Then you will Always have some assets that gain when others lose and whenever something has crashed and started to turn around, you can just sell the assets that have gone well under the same period and buy more of the assets that have crashed.
Here we’re my Scandinavian Saniona friends Let's take a look at the exiting SANION graph!
As we have broken through —1st phase— consolidation and after it has been retested, I believe that we’ll start to see new higher-highs and higher-lows.
What would be healthy for SANION is if it would rise in a comfortable pace, and not in a euphoric run to the hill tops as it did a few months ago!
As mentioned above, even though SANION has just broken through a consolidation, that it’s retesting, I believe SANION has some fighting to do, since just above there is a tough resistance are, from just above the current price towards 36-ish kroner.
That resistance will hopefully create enough battle so the stock can create the sentiment of a healthy s-curve ride up north, that will take out the old, and create new All Time Highs!
Bayn GroupFundamentals for this M&A food tech company which focuses on acquiring consumer facing brands like Pändy and Tweek looks quite promising. Bayn Group has cutting edge and healthy sugar reduction solutions which can be used in the food and beverage industry.
They have 100+ million in cash for acquisitions.
They have a clear strategy, economic muscles and have had great execution these last months. They have new leadership and they have managed to recruit active and competent owners and a great advisor team.
I think we're going up above 10 where ascending trend line meets resistance, could move up before also. Volume trend indicates more strength for the long side.
Electrolux B analysis on the daily timeframeElectrolux trend change confirmed to bullish based on the 123 trend change criteria on 8th July 2020. That also marks as the ascending triangle break.
Entered the trade on 27th July upon re-test completion of the ascending triangle. The overall ascending triangle target is 228.
My first target is at 198, which is just below the area of resistance.
18th August cup and handle pattern break suggesting a strong continuation trend
TARGETS:
198,214, 228
Stop loss:
147
KEMIRA OYJ DAILY ANALYSIS Hi friends
the daily chart of this market shows that it will experience a BALLOWING trend in the coming days but at the same time
one must be vigilant of the placement of the stop loss and the level of profile to gain.
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ridethepig | EURSEK ST Micro Flows 2020.12.06We are entering into short-term technical flows for the weekly closing range after Fed flows come to an end. The growing concerns over rising virus cases will skyrocket over this weekend, expecting a flooding of negative news from mainstream media which will put Western European countries back into the crosshairs.
For the technicals, SEK is trading at a very low value the 2020 macro range called at the end of last year. Jurisdictions are clearly defined on both sides with support located at 10.4x and no interest in chasing this move any higher than 10.6x resistance .