Short on ELK possible support 28 and if it could not hold, next target for covering will be support 25.
PGS is testing one of the major support levels @ 5.4kr; on SMA50 daily and the bottom of the rising channel. Having two important levels make this support even stronger. The obvious resistance is 10.2 in long term. Recent Good catalyst news from the company; strong seismic library; rejected TGS offer for 700$M for data; uptrend technically; bankruptcy of...
RSI and price are divergences and this means volatility is decreasing and a chance for price falling down to major support channel 71.5-75. Set Alarm for entry on support after confirmation bottom reversal.
short-time, bullish inside channel, up to 70.3 resistance and fallen angles is forming after sharp decline after Q4
might be touch resistance 30 in short term and it provides comfort risk/reward with enough volume, news and interest !
ASKO is forming double pattern, it will reach to resistance 26 soon. Goldman Sachs has a buy recommendation on Aker Solutions with a price target of NOK 22 per share.
TGS will bounce back after sharp drop 20% because of 60 days ban order on seismic by new president in US.
Mightbe exit from channel and hit a resistance January 2020
Couple of weeks after IPO, it popped up and formed first bull flag pattern following a deep pull back to resistance and forming a triangle pattern. waiting for second bull flag pattern... it is in range of penny stock in term of market cap. It was suggested by DNB Bank. So, I got it on IPO and keep it up to now. Bu I will sell after second bull flag and rebuy it...
Forming a triangles pattern and might be blow out to 720 from current 580 and it might recover to before pandemic. Also, according to pair trading in fish industry, It is cheaper than LSG and MOWI by comparing OSL:BAKKA/OSL:LSG, OSL:BAKKA/OSL:OSBFX, OSL:BAKKA/OSL:MOWI
BNGO will touch 6.5-7 and then continue to first target 10, might be braking out up to 12
forming triangles, might be bullish and fully recover to before pandemic!
Forming triangles ; might be good entry at 280-320$; up to 530$ based on Elliot wave 1-2-3-4-5
Forming Symmetrical Triangle: let see... Q3 on 5th November will be released too. it might inevitably breach the upper trendline for a breakout and uptrend on rising or alternatively breach the lower trendline for a breakdown and downtrend with falling prices... Let's see :)