madsroland

madsroland

The head and shoulders pattern successfully played out, with OMXCOP:NOVO_B reaching my full target at 670. Check out my original post: The stock experienced a significant drop, falling as much as 27% on the Friday before Christmas. This was triggered by test results for their obesity drug, CagriSema, which showed patient weight loss of 22.7% - below the...

madsroland

Since my previous analysis on Novo Nordisk OMXCOP:NOVO_B , the price has nearly reached the original target of 700. However, I have made slight adjustments to the head and shoulders pattern, which has consequently led to a revised target at the value area low of the range from late 2023 at around 670. At this point, I would not consider this an ideal time...

madsroland

Nvidia has experienced significant volatility over an extended period. However, it appears poised to enter a new phase of price discovery in the near future. Currently, the stock is approximately 6% below its all-time high, and a breakout above this level could signal movement towards the next resistance zone around 170. This target is supported by both a 1-to-1...

madsroland

There are a lot of uncertainty in the markets these days. But if we can break out of the current range, then we could see the head and shoulders pattern play out. The first target would be to hit new all time highs and thereafter the full target of the H&S. But first we need a breakout on increased volume and possibly a retest of the neckline and/or the trendline.

madsroland

Looking at Novo Nordisk and the fundamental I have a hard time thinking Novo would drop further at this point. However the technical setup indicates that if we don't hold the current level we could drop more than 15% from here. - The head and shoulder is complete now we just need to see if we can get a follow through. - Closing price Friday was below the 200...

madsroland Updated 

NASDAQ:AAPL on a possible 3 drives pattern with take profit at the 618 and the full retrace back to new all time highs.

madsroland Updated 

With an ascending triangle forming on the hourly time frame and given the current momentum on BINANCE:ETHUSDT we could see a new ATH within a foreseeable future. The target of the ascending triangle also matches perfectly with the fib extension to with a target between 1.236 and 1.618 levels. However the hitting the ATH area might reject in the first try. Note...

madsroland

NYSE:NIO has dropped more than 25% from the recent high but it could accelerate even further as it is close to finishing a head and shoulders pattern. If the pattern holds up we are in for another 35% at minimum from this point.

madsroland Updated 

The setup is almost too good to be true! Great ascending triangle setup call for continuation to the upside on BINANCE:BTCUSDT . I would expect it to go minimum 10% higher, however I will wait for confirmation by breaking through the upper resistance and maybe a retest.

madsroland Updated 

Tri-star pattern on $BTCUSD 4H as well as a fake breakout, MACD with divergence indicating downside. However the ascending triangle pointing upwards. I will wait for a confirmed breakout upwards and a close above the resistance.

madsroland

Tri-star pattern on $BTCUSD 4H as well as a fake breakout, MACD with divergence indicating downside. However the ascending triangle pointing upwards. I will wait for a confirmed breakout upwards and a close above the resistance.

madsroland Updated 

Wait for confirmation. Really nice upside in this one.

madsroland

It is very likely that $BTC will drop 600 USD from here with this weeks trendline being broken. We could see and even stronger drop over the next 2 weeks.

madsroland Updated 

Likely that divergence is forming on macd. Wait for the next few h4 candles to close before making any conclusions.

madsroland

As expected $BTC went down $500 as predicted in the last week. To repeat if we look at the divergence on the MACD it was easy to see that the correction was about to happen. Now it is just a matter of how deep the correction will be. My first target will be around 7700. If you are not already short then wait for a flag to confirm further downside.

madsroland Updated 

If we get a confirmation of this reverse head and shoulders then we can go to 8800 USD 16% profit within the next couple of days.

madsroland Updated 

$DASH very likely to proceed further up. Unfortunately I caught this one too late. #DASHUSDT

madsroland Updated 

The divergence indicated a change of direction. The bounce came in and we had a perfect retrace back to the 0.618 fib. Could not be a better settup for a quick trade to the upside especially now when the 4H just closed.