Svenska Handelsbanken - Long position**Positive quarterly report Q1**
**Trading above MA200**
**RSI entry signal**
**Good candle response today, seller momentum declining**
TP:
**Close above MA5**
**SL: Close above MA5 / 10% max drawdown**
**Apply Fibonacci extensions to maximize exits and increase profit-taking**
Ill keep updating the trade...
Cheers
SWED ALong trade setup
**Trading on the positive side of MA200**
**Underlying strong tested support + MA200 as support**
**Reviewed last earnings report for Q1 @ late April**
+Profit for Q1 increased by 10% vs Q4
+Increased revenue Q1 2021 / 2020
TP:
**MA5 candle close above**
**Fibonacci 1:1 / 127% depending on the movement on low time frames**
**Chasing a few percentages...**
SL:
**Max drawdown accepted 10%**
**Or close above 5MA on Daily candles**
Will keep the trade updated..
LOOMIS - Trade oppurtunity*** LOOMIS ***
1. Buy order in on OPEN tomorrow.
2. TP (close above 5sma daily)
3. SL Same as above.
Positives:
-Strong uptrend, trading above 200sma on days.
-Short significant retrace, giving us an entry opportunity for trend continuation for the short run. Somewhere in the 2-5% profit area.
Negatives:
-Not the best quarterly report delivered for q1 2021 7 q1 2020
Keep updating the trade as we go.
Trading Idea - Evolution Gaming GroupBUY
ENTRY: 1590 SEK
TARGET: 2000 SEK (+25%)
STOP: 1378 SEK
1.) The stock is in a solid long-term upward trend above tech support at SEK 481.9
2.) The growth forecast for the coming years is one of the company's strengths.
3.) The profit margins achieved by the company are among the highest of any listed company. The company's business is extremely profitable.
4.) The company's financial situation is excellent, which gives it considerable investment capacity.
M8G Media and Games Invest PLC - LONG Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
Divio Tech - Time for a bounce?Divio Tech is a small-cap swedish company that seems legit. For further information please see their webpage where the business case - or rather the technology they provide - is laid out in a short, sweet and illustrative way.
www.divio.com
But in short:
The company has a ready product, is currently working on growing the client base, but has already a bunch of impressive names in their portofolio, amongst them the financial player Fidelity.
However they are not yet cash-flow positive, but recenly did a private placement for approx SEK 10MSEK, in addition to some insider purchases that should get them nicely through 2021 without any capital increases. Both offerings were made at SEK 2,37 per share, so well above the current price sitting at 2,15.
All of the above are factors that are good to know. At least do I prefer to make short-term swings in companies that do not risk to fall apart at any moment :)
Anyway, to the point:
Divio has taken a beating recently, after breaking down through the support area 2,40 which initiated a sell-off.
Today the selling commenced all the way down to the MA 200 at approx SEK 2, where we got a nice bounce back up to the closing price SEK 2,15.
Seeing the MA200 doing its job, momentum indicators in the oversold areas, and no (negative) news released from the company that can explain the recent fall, are enough for me to try a short-term trade.
Because Nasdaq is in the red today and the prevailing sentiment in US tech stocks has a tendency to make an imprint in tech stocks traded in the Nordic markets, I will aim to take a position somewhere around SEK 2,05 during tomorrow and set the stop at 1,90 if the MA200 fails and the plan falls apart.
Note that if the MA200 fails, the next level of support should be around 1,75 , while the next main resistance level is approx at 2,60 where the 100 and 50 MAs are hovering.
Notice also that the 2,40 area has acted as a battle ground the last couple of weeks, so that area is probably where I will unload half of my position if the price moves according to the plan.
IRIS finishing primary correction soon, turning back to impulse?Hi. In this 1D chart I've done a retracement of intermediate Elliott waves and charted the primary waves. I've concluded that a primary correction wave is about to finish.
Symbol NASDAQ:SCWX has a similar sector, product and an almost equal Enterprise Value.
It's current price is 13.22 $ or 110 SEK.
I value $IRIS at around the same price.
Thank you. Please if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods.
This does not constitute financial advice.
Any prices, even if explicitly stated, are presented with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
$LUC Lucara Turns to profit again and have a positive FW outlookwww.avanza.se
Revenue of $53.1 million or $579 per carat sold in Q1 2021, 56% higher than Q1 2020. This includes diamonds sold through a combination of regular tenders, Clara, and through HB Antwerp (“HB”) under the supply agreement announced in July 2020.
Q1 2021 total operating cash costs of $29.24 per tonne processed(1), 7% lower than Q1 2020.
Adjusted EBITDA(1) in Q1 2021 of $22.2 million, marking a return to higher levels of operating margin.
Market Cap is $274M
PT8 SEK
$CTM Catena Media PT 75 SEK Just got PT 75 SEK and you can see why, Q1 is a gr8 turnaround with PREL JUST EBITDA 23,9-25 MLN EUR 1KV and a market capitalization value of 370M EUR...
www.avanza.se
Also, they just aquired US online sports affiliation company Lineups.com
www.avanza.se
Old ATH 2018 was 150 SEK
$HUSQ_B long swing tradeHey guys, today I've taken a look at OMXSTO:HUSQ_B . Its a swedish company with focus on outdoor power products and gardening tools. They have an average of 44B in annual revenue. The company has an average annual growth of 4%.
Enough about fundamentals now to the thing you came here for!
If you look on the 2h timeframe you can deduce that It made a higher low. On the daily It just hit support at 117.75kr.
I see this bouncing Its way back up to 128.80kr before next thursday. With this said I'm going long.
Triple RetestOP Currently retesting the trendline after breakout out - Also testing Top BBand.
If this Holds, 5EMA should catch up by tomorrow, signalling that this short term Uptrend is still going strong.
Friday Gap almost closed, but a complete closing of the gap would be preffered.
Bearish if the retest of the breakout trendline fails.
Oscar Properties adjusted Wyckoff eventsMessed up the the sub-event previously, but after positive FA events, I expect this updated view as a possibility.
Large insider buying recently, and 2 upcoming financial reports only 1,5 months apart could lead to a "Buy the rumor sell the news" followed by "retest of support"/"reaccumulation"/"letting MA's catch up"/"shakeout" - call it what you want, but the chart seems pretty bullish ATM, in my humble opinion.
Be careful, OP is an extremely volatile stock.
Wyckoff Accumulation also appearing in price action now As shared earlier, the RSI(!) showed a Wyckoff Accumulation pattern.
After recent price action, it seems that also the PA is following along.
Major FA-events occured lately, and a good subscription could force a "buy the rumor, sell the news event", driving prices back down to the huge volume-defined base - holding this area, would strongly increase the theory of the bottom being in, after a semi-long period of accumulation.
Sentiment is slowly turning positive, many are still doubtful, so a surge before the subscription period ends, could cause some Fomo-buys, who will soon after provide liquidity as they panic sell (unknowingly) at a possible Wyckoff Test area after a Spring.
Still very new into Wyckoff, so take all this with a grain of salt.