Update on DivioUnsurprisingly, Divio is falling back from its latest impulse. Hopefully, it will keep itself above the trend channel's roof that it shoot through previously. But if it doesn't, the other hope is that it'll bounce of the MA50 line and establish itself once again above the previous trend channel.
SinterCast support level brokenIt shouldn't come as a surprise that the support level was broken as it wasn't an established support with several confirmations. My assessment now is that SinterCast will head down to the green support zone I have drawn up. Most probably it'll bounce around 146 SEK to a new impulse.
Sintercast to respect latest support level?I've marked out interesting events in the recent history of Sintercast. It impulses above a resistance zone, confirms the support and in one case fails to hold it. This time however, it seems like it will respect the support and an impulse might happen above the upper trend line. This is about as wild of a guess as I dare to make, but it looks interesting. Judging by RSI however, the support level might fail, but I'm certain if that's the case the downside won't be lower than 145 SEK.
Good entry point for Vicore?Vicore is in an interesting spot. Candlesticks seem to respect the support zone, gathering strength for an impulse. Also MA50 is soon to act as a support as well, and RSI shows that there's a possibility for an impulse as well. MACD is a bit more negative, but if it will dip into the support zone, it might not make it all the way down to the trend line before an impulse. I would guess 17,30 SEK would be the lowest entry point on the 4H chart. We'll see if I'm right.
Update on DivioThe short term upward trend I sketched out yesterday was broken, but not necessarily bearish just yet. If we draw out a trend channel from the stocks movement since mid-May, it's clear the recent impulse broke through the trend channel upwards and might now confirm the roof of the trend channel as support.
58 SEK resistingNOTE wants to establish itself above 58 SEK, but it is proven difficult and looking at RSI and MACD together sends a mixed message. Perhaps a final push will come, establishing itself above 58 SEK, otherwise a fallback is expected. But the stock is still in a strong upward trend and it's only a matter of time before 58 SEK is behind us.
Evolution Gaming momentumI did an analysis of EVO a week or so ago and I thought the stock would fall back a bit and then gain strength again. It just kept going though. Now, however, it seems that momentum is starting to fade and we might see a slow fade downward, but the upward long trend will definitely continue. Best case would be a confirmation of 617 SEK as support and then another impulse with a higher high.
Divio impulse, new consolidationI usually do not draw short term trend lines, but in this case I'm interested to see how well the short term upward trend will play out. My guess is that Divio will rather consolidate around 0,78 (the blue zone) and then we'll see what happens. Buyers have frequently stepped in when the stock has fallen below 0,77-0,76.
Zwipe impulse, now consolidatingZwipe released a PM that the market seem to have liked, resulting in an impulse above 11 SEK. The stock is now consolidating again around 10,6-11 SEK and looking pretty strong. Hopefully this means we'll see another ATH soon.
Looks like Pricer B will dip down before another impulsePricer B got a strong impulse above 24 SEK but has now been struggling to stay above that line. It looks like it is ready to dip down to the lower trend line (or perhaps bounce on one of the support lines) before another impulse can be expected.
Will the impulse happen now?Zwipe has been consolidating above 9,7 for some time now. It broke the lower trend line from my previous TA, but more importantly: it is staying in the support zone gathering strength for an impulse that seems bound to happen unless momentum loss forces the stock down to 8,8 levels. If an impuls does happen, we should see a test of the 11,8 resistance and hopefully break through it.