Snufflip

Snufflip

Bullish continuation, probability for a parabolic move. TTM Squeeze is showing major momentum upwards, and we have a positive crossing of 20MA and 34MA on the weekly. Looking for a retrace to below level, 17,40SEK and then first major TP is 35 SEK.

Snufflip

Last retrace before the latest parabolic move retracted back at 72%. Now we have had a similar scenario with a retrace of 70%. The sentiment is strong and NEL continues to release new customer orders and increasing their purchasing power. Would expect a long 5th move in accordance to the trend lines, giving a three part bullish idea.

Snufflip

Momentum decreasing, bear flag appearing, short term long targets has been hit.

Snufflip

As a shift in trend can be seen, a short entry could be placed around 1516 for a ride down to test marked levels. Big level to be tested should be around 1140, hope we'll get there as a final TP.

Snufflip

Weekly Squeeze

Snufflip

Entry @ 65,3 & 65,6 Target @ 61,4

Snufflip

Lines show untested levels, lets test them.

Snufflip

Fail to gain and reverse trend will most likely result in testing levels below.

Snufflip Updated 

Scalp

Snufflip

Meh, just go with the trend. We'll short the moneylaundering people soon, friend.

Snufflip Updated 

Start losing levels of support and we're in the clear Monthly level lost and confirmed Short entry already acquired

Snufflip Updated 

Decreasing volume on increasing price, we have not yet gained anything to the upside and the current market has been force-fed redbull mixed with speed in form of artificial credit. Distribution? I think so. Recession? Maybe. Hotel? Trivago.

Snufflip

Flush it

Snufflip

The trend is your friend

Snufflip Updated 

Looking ready for a retrace

Snufflip Updated 

Weekly squeeze.. Volume increasing.. Untested levels.. Get on the train booys

Snufflip

Conservative entry consists of a untested level.

Snufflip

Happy little bulls