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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.
SShort
by SimpleinvestMarttin
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
OMXSTO:BILLLong
by VaidoVeek
Crunch it Technically Recently we have seen a rally, the 9 and 21 Moving average shows strong momentum. We have been experencing some consolidation the past weeks, but are holding quite well with all the corona-virus-related-panic considered. As shown, tight stop, if it breaks below the low of yesterday candle, we will re-evaluate and wait for the setup. Target is the former top at 26, depends on the momentum we could see it take out the high. Crunchfish a part of the future, is here some information. ''Sweden's and other countries' national banks are thinking about guaranteeing an electronic currency, a so-called e-krona, as a supplement to cash. Two complementary embodiments are investigated. On the one hand, a register-based e-krona where each transaction is registered in a centrally kept accounting based on blockchains and on the other, a value-based e-krona. Cash is a value-based payment method and the properties that the value-based e-krona needs to support are that the payer must be anonymous and that the payment method must work even without access online''. Crunchfish's patent-pending digital cash permits both of these features and is therefore, according to the Board's assessment, a candidate in the plans for a value-based e-krona. ''In the future, mobile will be our personal ATMs where we collect digital cash whenever we have online connection''. Crunchfish also have patent pending automatic withdrawals or deposits to always have the amount of digital cash desired. Each time the user is online, money is either moved to or from the bank account to the local app to always match the amount the user wishes to have access in their mobile app. Blippit, a part-owned subsidiary of Crunchfish Proximity, has agreed with Pej on the conditions for integrating Blippit with Peji's popular self-service kiosk. ''Pej offers mobile ordering and self-service solutions for arenas, restaurants and the service trade, and works with cash system suppliers to improve the customer experience. Pej is found in some of Sweden's largest arenas and amusement parks. Pej is a close partner to Oracle, one of the world's largest cash registers in restaurants and hotels, and also offers its self-service kiosk to the service trade in partnership with ClearOn''.
OMXSTO:CFISHLong
by Charlestrad3r