This is my first idea, so still learning. Have not been working on my analysis skills for too long, so feedback would be great. PNDX just crossed the 14MA and have path towards the 50MA. Could the point of 50MA crossing be an early point of entry? I could see myself going in slowly when price cross MA50 at 99.7 SEK. Any thoughts? Again, feedback would be good.
Seems to be a decent roll with increased volume the last days. Have risen above both EMA50 and EMA14 days. Annual report 19' presentation 13th of April, hopefully a good run for the next two weeks. 2h perspective showing steady volume and above daily trend line
A bit longer perspective. See clear downward trend with the current weekly view. Currently trading below both weekly and daily 50MA (W171.53, D156.55) and 200MA (W159.70, D170.85). Broke previous support line on the 9th of March, bouncing back into the weekly trend (white lines). Will be looking for first checkpoint at break of daily resistance line at blue...