The 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...
I expect $SWMA to retrace quite a bit, it looks exhausted.
The steep rise from dec lows in correlation to world indices was coupled with low volume, looking for support at green zone.
Danske does not look investible at all, declining volume and descending stock price points to a trip south. I'd say next stop is around 105DKK
Keep in mind weekly didn't close yet, still watching for this going into next week.
