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Ignitis Grupe (IGN1L) | Wait For a Breakout!Hi, “Ignitis Group” is an international energy company making the world energy smart. It’s one of the largest energy groups in the Baltic region. The group’s core activities include power and heat production and supply, power and natural gas trading and distribution, and power system maintenance and development. The development of green energy is a priority for “Ignitis Group” with an aim to become the region’s main competence center for new energy and a leader in distributed energy solutions in the Baltic Sea region and beyond. Technically speaking we have quite a strong horizontal price zone just above the current price. Last weekend Ignitis got pretty pumped up at one of the largest investment conferences in Estonia but still, no rush because as said we have a strong horizontal price zone just above the current price and it can act as a strong resistance level. Game plan: Wait for a breakout, wait for a weekly or monthly candle close above the shown area, let's say around €20.5. Then you are ready. After that investors have found that power to push it through (as you see it has been several times as a support, several times as a resistance - a lot of power needed to go crack it), then wait for a retest of the breakout area and technically you have done everything correctly ;) Do your homework by doing a fundamental analysis! Regards, Vaido
OMXVSE:IGN1LLong
by VaidoVeek
Šiaulių Bankas (SAB1L) | Wait For a Breakout For Good Profits!Hi, Šiaulių Bankas is the largest Lithuanian capital bank, a steadily and consistently growing financial partner, paying special attention to business financing and consumer financing solutions. Šiaulių Bankas serves its clients in 60 client service units in 37 cities and towns throughout Lithuania. The Bank was established in 1992. Šiaulių Bankas Group includes subsidiaries, which operate in the fields of leasing, life insurance, and real estate. Technically, the price of SAB1L has climbed back to the major resistance area which stays at around €0.54 - €0.56. It has held the price since 2010. So, in 11 years the price hasn't seen higher prices than the prementioned level but luckily it has drawn a bullish chart pattern and we are really close to getting a breakout of that. The bullish chart pattern is Inverted Head and Shoulders and it gets activated after a Monthly or Weekly candle close above €0.54 - €0.56. Actually, it gets activated after a candle close above the chart pattern neckline (we have a tiny breakout of that) but still, a bit safer would be to wait just a little bit more. IF we get a Weekly or Monthly candle close above the mentioned level then basically there are no obstacles for price growth. Wait for a candle close, wait for a small throwback and the targets are: 1) €0.715 - around 35% profits 2) Chart pattern target €1.000 - around 90% profits 3) For holders - 150%+ Currently, there is also a bit riskier scenario on the table: We have a 4H and Daily candle close above the counter-trendline, supported with 4H and Daily EMA50. So, you can SLOWLY start to add some positions but keep in mind it is risky because the price approaching multi-year resistance level at €0.54-€0.56. To buy from the current prices you should have some info from inside :D Stay healthy, Vaido
OMXVSE:SAB1LLong
by VaidoVeek
5
TELIA Great company , with over 200 million clients , over 20 years in Lithuanian market. The scandal released in the newspaper regarding bad management of highest rank responsible person. ( removed from position and changed in one day) We can assume somebody leaked information that dividends will be increased and year before we see a pretty sharp move up in price of stock. I expect a correction, and to Long it from price 1 EURO and 0.80 EURO cents. Dividends 0.07 cents per share.
OMXVSE:TEL1L
by StrInvestments