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Long Position MekonomenSeems to be an increasing/supportive trend, which has broken through the temporary resistance barrier in 83.9 SEK. The increasing trend is happening 'despite' moderate RSI level. A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg. First downward bounce in trend stream might be 95.6 SEK, as this is a possible resistance point. The previous Barrier area: 82.5-83.9; this should be stop loss. OMXSTO:MEKO
OMXSTO:MEKOLong
by UnknownUnicorn4622096
Alzinova - higher risk, higher rewardAlzinova is an early stage pharma company developing a vaccine for Alzheimers through very specific targeting with their candidate ALZ-101. This is an interesting chart I think, as we can see the stock has fallen to it's lowest level for a long time. Company is currently issuing 50m SEK of shares with guaranteed commitments of 46.7m SEK from investors. Couple of reasons I find this an interesting potential investment, - finding a vaccine for Alzheimers would be massive - early stage (phase 1) and price reflects the risk in this - approx 1.5m shares bought on 15th at a higher price than it is now indicating to me that there is a lot of upside and little appetite for short interest. As always with a early stage drug you have to have confidence that there will be good news from clinical trials (nothing new on this til Q1 2021) and you may not see a return on your investment till 2022. This one is for the longs more than likely. I am not currently invested in this stock but have it on my watchlist to see if there will be a further dip for better entry position. As always this is just an idea and it is higher risk than I would normally talk about, upside however is prob 100% in one year if there is positive news in Q1 2021... stay safe
OMXSTO:ALZLong
by Oscarthefuzz
Here we’re my Scandinavian Saniona friends Let's take a look at the exiting SANION graph! As we have broken through —1st phase— consolidation and after it has been retested, I believe that we’ll start to see new higher-highs and higher-lows. What would be healthy for SANION is if it would rise in a comfortable pace, and not in a euphoric run to the hill tops as it did a few months ago! As mentioned above, even though SANION has just broken through a consolidation, that it’s retesting, I believe SANION has some fighting to do, since just above there is a tough resistance are, from just above the current price towards 36-ish kroner. That resistance will hopefully create enough battle so the stock can create the sentiment of a healthy s-curve ride up north, that will take out the old, and create new All Time Highs!
OMXSTO:SANIONLong
by SamuiTrader