Zealand Pharma at a turning point? I think so...Looking at this with a long perspective in Log scale, it seems rather obvious that we're in an overbought area where we need a correction.
Previously we've seen large correction the years following such a peak, but is this time different? Maybe, but surely not before a correction of 30-40% from the top, then it might bounce up quickly and set a new trend, who knows?
Yet, learning from the trend, I've made my guess on the future of this stock, not knowing anything about their fundamentals or their pipeline.
Currently I would sit back and wait for a better entry point if you're interested in jumping on the train.
This has been a quick look, and always do your own DD.
Happy trading.
Cup with handleTheoretically correct CWP - target 2100
Bottom around 850 + share price 1450 = 2300
www.elearnmarkets.com
Is Danske trending back up?As we can see on the following chart, OMXCOP:DANSKE is moving in a textbook ascending triangle. If this plays out we may have a perfect cup and handle in the making boys and girls, meaning that a clear uptrend indeed is in the making from a TA aspect. Due to all the other aspects OMXCOP:DANSKE may indeed still be in trouble due to the money laundering and other recent bad news. But is this already priced in? We've already had a 60-70% retrace since the shit hit the fan.
The OMXCOP:DANSKE is a LONG ticket for me.
Happy trading!
Ex-CEO GOES MISSING - BUY at 50CentAdd to list of resignations/disappearances/money laundering/seal indictments/market rigging
Dark to Light
Double topI am looking into this stock. Both monthly and daily shows a double top, retest of support line. The last weeks massive move, shows a lot of buyers, but, the big picture is a little negative i`m afraid. Of course i am hoping for a break of resistance line, and further movement.
Danske Bank broke out of the descending channelThe Danske Bank has broken out of its descending channel. This mean, very soon, it is going to run up very hard. I would buy as much as I can. Life changing money ahead.
AMBU A/S ''long position''SWING TRADE
Position: long ''counter trend''
Entry: 99.30
Target: 117.00
Stop Loss: 95.30
Position open: 16/08-2019
Reason for entry: ABC pull back on lower time frame (Trading the bullish C-Wave) as price action and overall trend on higher time frame is bearish... Let's see how the trade rolles out...
Link:
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Christian Hansen, time to go upIf Christian Hansen break the point of 600 it has a great chance of reaching its former high. Look out for the break of 600
A new high jump // Wirtek Wirtek has now been very quiet and swung with 1-2 kr., and now it looks like it is going to new heights.
There accounts are good, and again this year, increased revenue is expected.
It could be the stock that just suddenly rose up and tested ATH at 10kr.
Wirtek is a company that makes software solutions
DSV UptrendDSV is in a beautiful uptrend. Its a good time to buy it and I am going to sell it when it reaches the price of 702 .
Genmab finally broke out from the resistance areaPositive trend is continuing, and after it today finally closed above the high resistance area around 1230 there is only one way - and that is up!
Lets go backWhy is this so low? Because of a stupid twitter thing from Trump. All the fundamentals are their, and this is going back to 345 DKK soon. Give it a week or two.
LongThis is Denmarks biggest bank, and i know they have been through alot of shitstorms, but i think that we will within a few years see this going back to 250kr.
SELUXIT // Great potentialAfter Seluxit made their second upward adjustment this year, the share is now breaking through a very negative trend. Seluxit is a growth company that makes IoT solutions and is in a great growth.
In the future, Seluxit could become a very good inducement.
