SAABY trade ideas
SUECIA stock > SAAB_B short !Based on my graphic analysis I observe a bearish projection reaching minus 9% in the price of this corporation, that is; from SEK:878 it will drop to SEK:798 With a buy exit emerging at SEK:961, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post!
REFERENCES:
* Green line: emergency exit price: SEK: 961 = -9%
* Red line: selling price (position) SEK: 878
* White line: profit SEK: 797 = +9%
However, it is important to remember that these marked lines must be respected. If the price goes up 3 to 5% after you execute the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated!
"Sitting quietly and waiting for the operation to develop most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since the biggest enemy of "The time to invest is yourself"
As for capital management, I leave it to my personal discretion knowing that we must always have money flowing and remain firm in the market.
Greetings and I hope you take advantage of this good negotiation opportunity!
> Josias Baltazar.n
European Defence Industry : just the initiation of a major bull Given NATO admonition to political leaders to prepare for possible confrontation with Russia in 5 years and the deterioration of the situation in Ukraine, the EU has decided a massive plan of arm production where states are the customers of defense companies.
defence-industry-space.ec.europa.eu
The SIPRI Arms Industry Database lists all major producers www.sipri.org
We selected
SAAB
LEONARDO (Finmeccanicca)
RHEINMETALL
SAFRAN
AIRBUS
HENSOLDT
KONGSBERG
Needless to say, our portfolio of these stocks looks very bullish
Performance since October 2023 is greater than that of the Seven Magnificent
SAABSeems like the poroblems in the world and swedens neutrality hae changed sharply. The familjy of 3 i sweden are all invested in SAAB. feels like we are going to have a blowof top. You can se the big bull flag here and the target of the rising triangel 5 last wave.
SAAB - Expecting retracement before continuationI would like us to retrace before we continue up, if we go up from here i expect a bigger retracement in the future and the continuation to be weaker. Bascily if you want SAAB to continue up in the long run you want a healthy retracement here.
I can see SAAB to go up to 790 based on trend-based fib extension. After the retracement, if we hold the bouncing levels.
Saab B - potential shortThe Saab B stock looks to be rolling over following a war-boost theme in 2022. Momentum is going down and R/R is beginning to look tempting. The 420 zone could be a good entry point.
SAAB is not getting any loveThe main focus is as the comment describes:
"Testing weak support for the fourth month in a short period of time,
if it breaks I expect a move down to around ~ 260."
The second most important thing to be looking at is that it never really recovered from december lows, while the rest of the market went mooning to new heights.
Entering half of my intended position on monday, rest if monthly closes below 50 day MMA.
Family Business: Oportunities for long termHoldings like Investor AB or IndustriVärden own Saab. They are like a family business owners, for this reason I recommend you to check this type of business out!
