On request a short analysis on EPIS_BOn request, a short analysis for EPIS B. Basically the share is in a healthy upward trend for a long time - see increasing support. In the snapshot, the chart shows a downward movement that should end soon if the rising support starts to take effect. In the long run, there is definitely an opportunity to buy. An upside breakout is more likely than a downside breakout.
Volvo testing the 200 EMA.. Long on thisLately Volvo has been nice about EMA200.. So why not this time.,
Also Highs on NOV 2020 and the struggle between Jan2th Feb 20th this year, give good basis to also support the Volvo ascelerating up the hill.
RSI in oversold area, where it typically has not been so long time periods, so expecting quick return to upper levels.
PT 238 .. near all time high
SL 213 so 1 ATR under current candle bottom
Trying oput P&L setting and Trade taking//For my own learning and training //
SWED has made a bull flag that would suggest a move up .. BUT We are on levels of previous highs from FEB 2020 and Jan 2021 so there's a level of resistance close by..
So instead of instantly braking up, I would consider a similar pattern to occur that was in July - September 2020 after bull flag... A sideways market for 2 months and then we will knock the lower levels of rising channel in somewhere around May-June and start building momentum upwards after summer.