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.
Elliot Wave view on NELNEL is bearish but with Elliot Wave there maybe a positive entrance point. Look for the fibonacci retracement levels and we may soon se af turning point.
BW LPG buy oppurtunityHi Investors,
If you look at the price chart of this company for the last 3 years it might not impress you.
Also, now might not be the best time to open a buy position, but what we can see from a technical perspective - is forming a flag pattern, which usually ends up in breaking support or resistance lines.
Both ways are good for us as if the price goes up and renounce and close higher then 40 - most likely the upward trend will continue, otherwise 27$ will work as a support level.
In any case, I'm going to buy now and add more funds if the price goes down, because of one fundamental reason: 20+% dividends, treat this as your bank deposit.
Profits everyone!
Regards,
InvestMan
NEL - buying pointsEither it´s bouncing from 17.6, or it bounces from 12.
RSI looks overbought, but I´m guessing three tops before complete cycle.
Risking 17.6 myself with stop loss at 16.6.
If that fails i'll put in a order at 12.05 with stop loss at 10.8.
Best of luch
I Recommend SELLING !sell it will continue to decline next week
because the bigs traders decide to sell
