PGS is testing major support level 5.4PGS is testing one of the major support levels @ 5.4kr; on SMA50 daily and the bottom of the rising channel.
Having two important levels make this support even stronger.
The obvious resistance is 10.2 in long term.
Recent Good catalyst news from the company; strong seismic library; rejected TGS offer for 700$M for data; uptrend technically; bankruptcy of competitors; rising oil price; good news from airlines after pandemic and all will make this ticker more attractive.
The next year 2022 is definitely is the year of Exploration activities which needs balancing with the recent decline in oil production and weak exploration global performance.
XXL - Good trading oppurtunity for a long position. Hi!!
Potenitial setup this week to swing long on XXL - intraday / 2-3 days swing.
-Trade with CARE
-Handle your SL below 78.6% fib - entry earlist at 50% retrace.
-Target 1:1 , 127% of last wave for swing.
-RR at least 3:1. Calculate your losses versus winnings before hand.
Keep an eye on this one!! whether it continues to 1.618 extension of wave 1 - or retraces and ready for a new move.
Enjoy,
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)
Polight LongGraph speaks for itself.
Although Polight has gone on a massive bull run lately, it broke above the ascending channel, and we can expect continued increase with new support found on the upper previous resistance level.
Notice the relationship between price increase and RSI breakout above the 50 mark approximately multiple times since the fall.
Interesting to see how far this can go.
STOCKS - Hexagon CompositesModel Forecast for HEX.OL:
- Model had produced entry signals for PLATINUM previously.
- Model has produced bullish signals for HEX.OL.
- The Hydrogen Strategies market and Platinum are highly correlated.
- Technically bullish, with Automatic Rally + Wyckoff Spring off of Demand Zone, which has been tested 3 times.
- 52.40% potential gain in underlying to top of the channel.
- Excess to higher channels are highly likely, as we expect a Hydrogen Boom due to global Clean Energy initiatives. We believe this is an excellent entry point for companies that would benefit from such a boom cycle.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Kahot getting ready to pop- Has followed underlying trend for some time
- Softbank investment pushed it ahead of it for a while
- Careful ending of quarter for NAs100 + upcoming trading update perfect opportunity to shake out investors
- Expect to see it bounce back up ahead of trend on april 7th (trading update given)
- When NAS100 really turns in mid/late april I expect to see some tops above the trend, but trend will work as bottom going forward
- Lots of cash available for further M&A + has indicated that this will continue
TP at least 140 NOK by end of may, but could go 150-155 on market momentum or key acquisition
Long in for ZAPTEC// Just for my own personal amusement and learning for Entry reasoning, Profit taking and stopploss setting
ZAPTEC was in daily downtrend that seems like stopping in previous S/R level 43-45 NOK
It broke up and now retested the area Mar 5th candle
Stop loss at March 5th candle bottom ie. 42.25 NOK
PT on Mar 12th Hig ie. 51.4 NOK .. Because this might give us drawback, if not enough energy to go straight above.
Will cash-out 50% out at this level and keep rest until trend change..
Ths will give us RR around 3.3
// Note.. This trade should have been taken already on March 19th candle closure, but did not notice this then.
Røkke and his secret weaponRøkke has it all, from Bitcoin to Oil. But what he does not have, but _has_, hiding in plain sight is the key for the next great mineral adventure in Norway.
In 2023 Tina Bru, current oil minister of Norway has stated that Norway will start subsea mining. Tests and core samples done have proven to be full of the minerals we need for battery tech and other valuable minerals such as Copper, Cobalt, Zink, Silver and Gold.
www.norskoljeoggass.no
www.npd.no
This adventure could possibly be the start of a new subsea era for Norway. And the tech for doing it is not optimal yet but it will be. So, my point in this post:
Its naive to think that Røkke is not positioning himself for this. Believe me, he is. And he ALREADY has everything for this adventure, sitting in plain sight in Akastor.
What do I mean? Ill tell you.
Akastor is currently a 4-5 part company. They have vessels all on contract in Brazil and Norway. They have AGR - subsea pumps and so on. They own a massive amount of shares in Odfjell. And the main focus is in MHWirth. So, yesterday Green Minerals/Seabird Expl went for trading on Growth. But wont have anything ready yet. Hence, researching Akastor and the main focus MHWirth they have a sub category:
mhwirth.com
www.deepsea-mining-alliance.com
All Im saying is this, if Røkke wants in on subsea mining, which he most likely wants to. He already has it and noone knows.
Im not posting this as a Long or Short, the chart above will show a likely pathway, and if it happens, this is where I will buy my tits off and sit for the subsea mining adventure beginning in 2023!
Good luck.
SOFTOX $SOFTX HAS COMPLETED ENROLMENT INTO #SWIS STUDY
SOFTOX HAS COMPLETED ENROLMENT OF SOFTOX WOUND IRRIGATION SOLUTION CONFIRMATORY STUDY (SWIS-02)
SoftOx Solutions AS ("SoftOx") is pleased to announce that the enrolment of
study participants for the clinical investigation «SWIS-02» has been completed.
The study, which has been conducted at Bispebjerg University Hospital is a
confirmatory clinical investigation to document safety and performance of SoftOx
Wound Irrigation Solution ("SWIS") compared to Normal Saline (NS) in a human
wound model. It is a confirmative study and last of two clinical studies on "SWIS".
We are very pleased to have completed this enrolment because of the ongoing
lockdown in Denmark, which were affecting our recruitment pace. "With this
pivotal trial we are eagerly looking forward to examining and analyse the study
data and report on the results later in Q2-2021", says Glenn Gundersen, Medical
Director of SoftOx.
SWIS is under development to become a medical device intended for wound rinsing
and moistening to prevent infections in all types of acute wounds, such as
abrasions, cuts, burns and surgical wounds.
Saga Pure - If you can’t get a hold of Bergen CarbonIs this liquidation down trend over? Saga Pure, here I come. Probably the most interesting newcomer 2021 is heading for listing on Euronext Growth after easter. A green gem called bergencarbonsolutions.com Impossible to get a hold of shares. And imagine the day of listing. Mental it will be. So what better way to expose yourself, buy Saga Pure? Currently holding 30% of Bergen Carbons shares and options to buy more and more. Saga Pure is also so much more. I will buy my tits off. Remember, this is only my evaluation, so your own investment choices. Good luck :)
Long ADEdescending broadening wedge. speculating on a bounce on double support (pattern and horizontal support)
combined with fundamental analysis could be explosive
Quantafuel BUY A very interesting company, that has had a declining stock price for the past couple of months even though nothing negative has affected the fundamentals of the company.
The company could be very interesting in the long term, and has dropped more than 6% today without any fundamental reason.
Technical reasons for my buying decision
1. price entered support zone
2. Bounced off the POC level of the volume profile on the 4H chart
3: Price has reached the 50% fibonacci retracement level today
4: Price is oversold according to RSI on the 4H chart
TP 1: I will look at how it reacts around the double top (around 80 NOK) if it breaks I will continue holding the stock.
(I own the stock myself, please use this information responsible)