Genmab opportunitysteamloss in the Genmab stock will likely fuel a new rush.
1) the 2 previous times times RSI has been below 30, it has resulted in strong returns. Will it happen a 3rd time?
2) The current strongly rising RSI will like make sure that the price will move and stay above the short term downward trend.
3) Opportunity for the price to move towards 2557 DKK. Yet be aware of potential strong resistance around 2364 DKK.
4) If this small up trend can offset the short term setback, 50/200 will likely trigger a new golden cross.
Entered long in 2168 DKK
VestasIt has broken a long lasting negative trend indicated by the trendlines and RSI and MacD. Though there seems to be a rotation from growth to value-stocks combined with the fact that all sustainable stocks seems to be old news. It may therefore take som time for the stock to recover, but it will most likely happen.
RSI showing a potential start for a bull runØrsted, is a safe bet when it comes to the long run, but it even has huge potential of a potential upcoming 50 to 80 percent of increase in the stock price till the end of the year.
The RSI is showing the same pattern as it did before the post-corona bull run it had, while having fallen a little more than the last year correction/crash.
But moving averages are still pretty neutral, though as seen on the chart; moving averages mostly showed positive signs a bit after the start of the bull run.