Simple naked chart setupLong on break higher after failed break down, pin/tailbar on support.
Entry: 245
Stop: 235
Target: 275
Gomspace predictionHallo everyone,
Coronavirus is above us. Gomspace stock price is at an historic low and the fundamentals don't indicate that the price will go much lower. It's a high risc stock but will a huge potential.
My thought on Catena MediaI'm new to technical analysis but this is a buy in my opinion, and sell when it hits the upper trendline
An ascending triangle breakout for BalcoAfter the quite huge selloff in February/march, it's now time for a triangle breakout. We want to buy the daily 200EMA test and then target a price of around 148.8 SEK
Very nice Swedish balcony stock!Balco Group is a very good Swedish balcony stock. It was a good stock before COVID-19 and the pandemic only made it stronger (and provided a nice opportunity to buy the dip!)
It's a strong buy, both from a fundamental perspective (everyone living in quarantine needs a balcony) and from a technical perspective, showing several typically bullish chart formations.
Atlas Copco Bull projection .. ? MaybeToo early to say perhaps but keep an eye out for a cup and handle formation.
Bull season is approaching for sure but way too early to call it safe. In general, I see a high potential for a second correction on all stocks in the coming 2 weeks
[First idea, still learning] Possible long in PNDX BThis is my first idea, so still learning. Have not been working on my analysis skills for too long, so feedback would be great.
PNDX just crossed the 14MA and have path towards the 50MA. Could the point of 50MA crossing be an early point of entry? I could see myself going in slowly when price cross MA50 at 99.7 SEK.
Any thoughts? Again, feedback would be good.
SAS broke strong supportTrying an small swing trade down.
Even thu it got a good gain here the last trading day this friday, i dont see it go any futher on the short term.
They still have the sue against them and i think it was around 340 mil they wanted ( give or take )
Corona virus is still in play - i dont think its over yet
The strong support at 10,40 Ish broke and it´s still under after 2 days under pressure.
The RSI is very much negative and maybe alittel oversold
The MACD is bearish
So i see it go even futher down, that`s why am gonna make this trade:
Open Trade : 9,145
Set TP : 7,800
Set SL : 9,585
Risk/Reward Ratio : 3,07 %
THIS IS NOT AN INVESTMENT ADVICE.
BillerudKorsnas (BILL) | Promising Buying Area!Hi,
BillerudKorsnäs AB (publ) provides fiber-based packaging materials and packaging solutions in Sweden and internationally. It operates through Packaging Paper, Consumer Board, and Corrugated Solutions segments. The Packaging Paper segment offers kraft and sack paper for industrial, medical equipment, and consumer sectors; and pulp.
BillerudKorsnäs have started to approach a pretty promising area. Fundamentally and in the numbers world, it looks pretty decent and technically, as said, starting to enter into the buying zone.
As we should already know, perfect trade and a perfect investment consist of good fundamentals and it also needs to fit with technical analysis.
Considering technical analysis, I can give you a green light to buy it from the marked buying-box but the second green light has to come after you have made your own research if you get it then you are ready to GO!
Buying-zone consists of:
1) 2004 and 2006 clean resistances becomes support level, plus nice breakout candle in 2013! It shows that the area is powerful and it increases the odds that this price zone may start to act as support level!
2) Fibonacci retracement 62%
3) Monthly EMA200
4) Channel projection - lower projected trendline should act as a support level.
5) AB=CD
6) 50% club!
7) Fibonacci Extensions acting as support levels.
Long-term investors can start to add their positions around 75.
Mid, short-term traders/investors should wait for 70, at least!
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!!
Regards,
Vaido
Minesto 20xBuy 11,36, TP 250. Currently in a wave 2 correction within a wave 3. Fundamentals are lining up. Let's go!
