OMXH25 Zones to look out forCurrently sitting at Friday highs I'm expecting us to climb towards 4468 EUR resistance area.
OMXH25 trade ideas
Finnish stocks might get really cheapLike many smaller indices, Finnish stocks broke the upward trend. There could be insane buying opportunities coming.
OMXH25 DOWN?Might be going down I'm not sure.. Drew some lines so there should be a support down there.. Buying if it holds... Now 100% in cash
OMXHEX:OMXH25
Helsinki stock index bullish going into 2020Very simple technical analysis here. In the past month the OMX Helsinki 25 stock index has broken through resistance, and is trending in the upwards channel until proven otherwise. In the beginning of 2020, Finland's government is introducing a stock savings account with considerably better tax treatment than ever in the past. Finnish citizens are able to deposit up to 50 000 euros into the account, and trades within the account are not taxed at all, only when profits are taken out. This is a first in the history of Finland.
Finns are only able to deposit money into the account, and existing stocks can't be transferred into it. In plain English this means that no one has any option other than to buy stocks on January 1. The way I see it, going long on Helsinki is a guaranteed pump. This December pump may partly be front-running by speculators, too, but LONG is still the play here.
OMXH25 LONGHey guys! Long time no see B)
OMXH25-index has fallen quite nice amount of points because of Nokia have had issues in US (some sketchy stuff) and OMXH have been going down for random reasons (not fundamentals). OMXH didn´t drop like it should have done in February so I personally think these 2 bear days so far are the result of January´s bull train. Take notice on that Relative Strength Index (RSI) which is set to last 9 candles (RSI9, very useful tool!) I circled these areas on red which had a decent bear day and went under 30 RSI9. The current situation should be considered as one of these circled areas. Bull is coming!
This is very good time to invest in OMXH25 or OMXH index. I would also suggest everyone to long Nokia or Stora Enso with leverage.
Have fun guys, take some easy profit! :)
I´ll update more on UKOIL/DGAZ/UGAZ sooner or later. Rememer to hit that follow button! :)
/JJ
OMXH25 Longing opportunityI see a good chase to long here based just on TA, so dont take as investment advice.
- OMXH25 has broken out of a falling wedge
- It has broken out of the channel
- While breaking out of the channel it formed a bull flag
- MACD Bullish div supports further growth
2017 also saw a drop, but instead of a falling wedge it was a megaphone pattern with bull div and a bull flag.
Speculative pattern would with the current info do the following: 3945 => 4065 => 3920 => 4400 => BIG DROP later in the future.
OMXH25 idea - 1hr chart. Valid for 31.10.-08.11.2018.Self explanatory idea. Publishing for the sake of watching and pondering where this might go.
Not trading advice, DYOR.
