ANGLER GAMING ANALYSIS - $ANGLThis is my recap of this Swedish company, it's idea is to invest in other companies regarding betting & casino.
I look for this on the longer trend and see some interesting things. Mostly of the info is in the TA direcly so look there, if you have any questions dont hesitate to comment.
-- Long term investment target for long: 90-110SEK
-- Alternative S/L level: 4,8SEK~
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ANGL trade ideas
Angler Gaming Long 01/06/21Angler Gaming is a company that has had a fantastic year both in price action and fundamentally. It has now created a harmonic pattern that suggest a increase of approximately 115%. This target is resonable since the company has a fairly low valuation compared to the huge successes it has made. The big price action upwards from the important support level around 26 SEK indicates strength and further rise. The fibonaci levels on the chart are good levels to sell/buy but the long-term target is still around 56,75 SEK. My sell stop loss is 25,75 SEK, a price action that breaks that level suggest a further pullback. What are your thoughts?
