Just broke significant resistanceWe just broke significant resistance trend line (orange). Met first resistance at emission price at 37,50,-
The breakout has moved us closer to DNBs target at 68,-
Are we going to have a long time with range trading here? I've taken a closer look at BWLPG
As can be seen on the chart, there are two major resistors in the course and I have marked it with orange boxes.
It is not in range, but if you look back in time as shown on the chart, you can see that the price is doing well within this framework (price action)
MACD - is positive and has lots of give of yet and has been in uptrend for a while.
RSI - Is above average and is positive and has also been uptrend since March 24. there are also plenty of give of yet.
Trend line - downtrend from 2014 July to 2020 juii has been broken D 20 Aug 2019 until March 2020 due to Covid19 and therefore smoked below the trend line again, but has now here again broken through in July and is still up above
This stock is moving closer and closer to the MA 200 so this stock might be good to keep an eye on.
If you are in the stock, I would say as long as it stays above price 26 it makes sense and is a team.
This stock is jumping a lot due to its product - it will be normal with many outcomes.
act with care
Disclaimer: im not in this stock
OBX: KOGLost support at the 0.382 and trend broke down.
Weekly squeezing
Expecting a heavy bounce of the 0.236 where also Weekly POC is.
Photocure $PHO trading above 50 and 200 SMA after Q2 reportRecent oversubscribed equity offerings done at 76 and 65,5 NOK after repurchasing global Hexvix ownership from Ipsen now securely in the money.
Recent newsflow:
13.08.2020 Photocure appoints Genotests as exclusive partner for Hexvix in Chile
08.07.2020 Photocure's partner Asieris Received China NMPA's Approval to Start a Global Phase III Clinical Trial for APL-1702 (Cevira)
01.07.2020 Photocure appoints Susanne Strauss as Vice President and General Manager of Europe
24.06.2020 Private placement successfully placed - NOK 76
27.04.2020 Private placement successfully placed - NOK 65,5
27.04.2020 PHOTOCURE REGAINS WORLDWIDE RIGHTS OF HEXVIX
NEL Asa - erst Short dann Long!Die NEL Aktie war in den letzten Wochen in aller Munde. Wer auf den fahrenden Zug aufgesprungen ist, hat vielleicht mit viel Glück etwas Gewinn einfahren können oder gar Gewinne mitnehmen können. Wer die Rally verpasst hat, sollte wie so oft Geduld aufbringen und auf den richtigen Einstige warten, denn dieser wird wie so oft kommen.
Auf dem Weekly Chart sehen wir nun eine reversal Kerze, die lt. Preis Action für Verkaufsdruck steht. Es ist definitiv möglich dieses Szenario zu spielen und einen Short-Versuch zu wagen. Spätestens kurz vor der markierten Nachfragezone sollten die Short-Positionen aufgelöst werden und über mögliche Long-Einstiege nachgedacht werden, welche dann eher langfristiger Natur sein sollten, wenn man die erste Rally verpasst hat.
Die Analyse ist keine Kauf- oder Verkaufsempfehlung.
Analysts see 100% upside potential in Photocure $PHONorne securities july 31st: BUY 150 NOK
ABG Sundal Collier july 1st: BUY 120 NOK
Edison may 13th: BUY 109 NOK
ArcticZymes turnaround & firing on all cylindersThe Turnaround of ArcticZymes is now definitive. For the second quarter we see impressive growth and the company is firing on all cylinders. Opex (cost) going down while earnings as well as profits surge.
ArcticZymes Q2 report
Sales of NOK 44.3 million (16.9) +262%
EBITDA of NOK 27.2 million (-0.5)
Cash-flow for the Q2 was NOK 20.4 million (-6.8)
Cash at hand NOK 56,1 million
Gross margin 90%
CEO Jethro Holter says in the earnings call: "The main growth driver has been sales of the Salt Active Nuclease (SAN) products to the therapeutics segment. The SAN products continue to attract new customers who are developing gene therapies and vaccines. Furthermore, our well-established customers are regularly submitting substantially larger orders as they advance their development programs."
Full report
pdf here: newsweb.oslobors.no
text: newsweb.oslobors.no
Hunting high and lowIs this gruelling downtrend finally over for HUNTER? I believe so. A long position has been taken here. Looks like finally a sigh og relief and possible uptrend in the making and an upwards channel can be reborn. Would love to see some higher lows! Look for momentum change and this might be it!
Photocure $PHO.OL testing breakout from 200 and 50 moving avgIn july analysts predicted up to 100% upside in $PHO stock.
Still significant amount of short positions reported.
POLITICAL HELP? VOLUME COULDN'T HELP! - NAS - DAILYDespite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias.
The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet.
The positive side, is that if there is any political action to save the company, then, we could see the market first trying to fill the past gape and run very quickly, thereafter, to the range that it has left at the beginning of the year, around the end of February.
For the moment, it looks like a probable worse case scenario...wind up, bankruptcy...or other.
September will be a very important month in Europe as all holidays end and political decisions might be taken in regard of the extension of restrictions or their ease.
Dumb money in, smart money outCome monday and the smart money is out. Get two shares per one you own in AKSO. One of the most traded stocks on OSEBX last couple of days, and for what? Too much risk involved for too little reward, especially if stock was bought recently. I am short. Again, not advice, just my personal view. Good Luck!
GOGL close to break outGOGL is consolidating inside the daily cloud, after breaking into it upwards.
The key now is the downward long term trendline (blue), it's eyeing this one at the moment.
If this breaks and retests, it's a buy from me for GOGL!
SNI decision timeSNI is nearing the end of it's triangle, so now let's see which way it will break.
Recently it seems to be forming support on the purple support area, but we simply need to wait for a break out above (or below) the triangle.
HUNT looking like it's ready to pop.HUNT is getting squeezed between the strong support and the 50MA that's sloping down.
Again, we are talking about a stock that has a big thumbs up from a fundamental perspective, which gives me a bullish bias.
Very short and simple, I think once it breaks the 50MA it will start a run up into the cloud and further upwards.
So this break will present a good buying opportunity.
FRO looking for entry.FRO found some strong support on it's long term upward trendline (brown) and fundamentals are strong for this company.
Furthermore started forming an uptrend already (blue lines). However seems to have broken the steepest trendline and retesting it now.
So expecting a retrace at the moment. This will present a good buying opportunity.
There is good support at 70.50-72.00 or we might revisit the trendline (brown).
Arriving at either one of those I'll be monitoring price action closely, looking for signs of support and good entry points.
