Cellink gained strength, but not enough to push through the resistance marked with a red zone. Hopefully this means it will just confirm 128:ish as a support and gather new strength for another push against the resistance zone.
Since Cellink broke the downward trend it has shown strength but hit a small resistance at approx. 136.8. If it breaks through that, we can start to look for an upward trend line forming.
I wrote last week that Semcon needed to establish itself in the resistance zone to gain power to reach towards pre-corona levels. Semcon did just that, a quick establishment in the resistance zone and then shot through it. Depending on how it will close today, things are really looking good and we can start to look at an upward trend line.
I was wrong about a dip in Pricer B, it has established itself about 24 SEK. I would like to see 24 SEK being confirmed as a support one more time before calling it a strong support line.
I'm keeping a close eye on Cellink and might jump in if I see a bounce against the black support line. If it falls below that and shows weakness above the previously broken trend line, I would be more cautious. Looks pretty good so far, but I do expect to see a fall back next week.
Nextstim is consolidating in an interesting area where it has been dwelling for a while now. I've marked out three interesting moves, one of which led to the 100% impulse we saw earlier. I firmly believe that the resistance zone needs to be tested and broken for any interesting impulses to come. Right now the stock is risking losing momentum and fall below the...
Sintercast is in an upward trend, confirmed by the support of the trend line. It looks like it will once again dip down to confirm the trend line support before another impulse. Will the next bounce be around 138,2 SEK? We'll see!
Nexstim had basically a 100% run in the beginning of June, but as often is the case after such impulses, the way down was just as drastic. The stock is now showing slight movement upwards again, although with low volume candles. If it manages to establish itself above 0.248 there's a possibility another bull run is due.
Pricer B got a strong impulse above 24 SEK but has now been struggling to stay above that line. It looks like it is ready to dip down to the lower trend line (or perhaps bounce on one of the support lines) before another impulse can be expected.
Nobia gapped up today, breaking its short-term bearish trend. However, the gap might close and time will tell if that means the stock will make another impulse or continue downward. Keep an eye out for 46-47 levels.
Semcon broke through its downward trend and into a resistance zone where it will now have to establish itself if it is to bound back to pre-corona levels.
Zwipe has been consolidating above 9,7 for some time now. It broke the lower trend line from my previous TA, but more importantly: it is staying in the support zone gathering strength for an impulse that seems bound to happen unless momentum loss forces the stock down to 8,8 levels. If an impuls does happen, we should see a test of the 11,8 resistance and...
In the beginning of this week I took a quick glance at EVO and noted that it was bound to hit the lower trend line which also correlated to a support zone. So I was quite confident an impulse was due and today it happened - it even pierced into the resistance zone which hopefully means it will reach a new high this week and continue its upward trend.
NOTE broke through 53 SEK resistance, but dipped momentarily under 53 SEK again at the third test of that level as a support line. At the moment it is trying to establish itself above 53 SEK again and if successful, there's a good chance the next resistance will be tested at 63 SEK.
It looks like Pricer B is attempting to consolidate above 24 SEK, which is pre-corona crash levels. If the consolidation is successful, goods things will follow!
The history of Zwipe in the recent months is basically a cycle of impulse, consolidation and then impulse again. We're now nearing the trend line while also respecting the new support level from the last impulse. If you look at RSI, we're nearing or pretty much exactly at the same levels as when the previous impulses occurred.
I expect the coming week to be very...
