scorpiris

scorpiris

SAP has broken down from an upward trend with high volume. The price decline has stalled around the resistance level at 235. The volume profile shows a sharp drop in trading activity at this level when prices approach from both below and above, making this a significant resistance zone. There are no reversal formations as the price exits the trend. The price is...

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RHM is in a steady upward trend, but in early February both price and volume rose sharply to around 1200 EUR. Since then, there’s been a drop in price and volume that may continue to develop. We haven’t seen a final rally yet, but it could be on the horizon. At the very least, it appears we’ll see a correction of some significance. Volume balance is positive,...

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Salesforce CRM PEAD (Post Earnings Announcement Drift) This is a swing trading strategy. You buy on a positive surprise in the quarterly or annual report. It has been shown that this surprise impacts the stock price for some time. This refers to Brandt and Kishore from the Fuqua School of Business at Duke University in the USA. Points in the algorithm I...

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DeepSeek is a disruptive innovation and could also become a disruptive economic force. On Monday, NVIDIA dropped 17%, only to rise 9% yesterday. Yet, it remains in an upward trend channel. Why is that? I tried downloading the DeepSeek app. After reading a significant portion of the privacy policy, I wouldn’t call it privacy at all—it does not comply with EU...

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Eli Lilly has formed a symmetrical triangle after falling from an ascending trend. The hypothesis is supported by decreasing volume towards the apex. Ideally, the breakout should occur 2/3 of the way into the triangle. That is not the case here. Now we are close to the apex, so a breakout must be imminent. It is difficult to predict the direction of the breakout...

scorpiris Updated 

As others have also mentioned on Trading View, NOVO has developed an H&S formation. The formation is to some extent supported by volume. Volume should be large when forming the left shoulder 1, as well as when forming the head 2, and when the price goes down at the right shoulder 4, but when forming the right shoulder the volume should be low 3. It is not....

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Qualcomm has been in a rising trend as shown by MA, but after ATH, the price falls into a REC. Price moves between two lines that are not parallel. It is an expression of indecision among investors about the direction. Significant break up or down, preferably with large volume, will give the direction, at least in the short term. Lately, there is no good...

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If you want to try to buy at the bottom when there is a correction, then it can be helpful to look at the VIX. You simply have to buy when the VIX goes very high. It is not difficult to find examples of this among the stocks that are falling.

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On the 5-year chart, NIBE has a double peak. It is a hypothesis that is to some extent supported by volume. There is a sharp increase in volume when the neckline is broken by the price drop from the second peak (3). Increased volume at the formation of the first and second peaks a little early in the course (1,2). The object is heading towards 0, but it probably...

scorpiris Updated 

Possible final rally? The price is in a calm rising trend. Both price and volume first rise sharply, and then fall sharply again. We need some time before we see if the hypothesis holds. Price momentum indicators and analysts are predominantly on buy. Remember, you have to do your own research and assessment before buying and selling. Note: I have no...

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Sell myself out of a small observer stake in Kinnevik. The price has been in a downtrend for two years, but from October 2023 in a slight uptrend, and then fell far below the cloud in echimocu. Price momentum indicators stand on sell and analysts say buy. Short positions 2.1%. Some Swedish stocks are significantly more shorted. Remember, you must do your own...

scorpiris Updated 

Q1 is worse than analysts expected. YARA is in a declining trend until proven otherwise, according to graphs. Keep in mind, you need to do your own research and assessment before buying and selling. Note I have a position in YARA.

scorpiris Updated 

In December 2023, I purchased COSTCO to try PEAD (Post Earnings Announcement Drift). It's a swing trading strategy. Points in the algorithm I have followed: 2023.12.14: Q1 after the opening of the stock exchange (advance accounts). 2023.12.15: 658.82 – 630.78 = 28.04 => 4.45% > 4.15% Buy Wednesday 2023.12.20 and hold until Monday 2024.04.22. Buying and selling...

scorpiris Updated 

This is a continuation of my post on February 25. The price is now in a REC i.e. the price fluctuates between two lines that are not parallel. It's an expression of indecision – investors can't figure out whether to go up or down. There was a false break-up on May 7. At the time of break one could get the suspicion that the break would be false as there was no...

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Cameco has descended through the floor in a rising trend and the price is approaching the SMA200. There are breaks down from a small double top and large double top. The small formation is supported well by volume, and the large one is to some extent supported by volume. Price momentum indicators incl. RSI have a weak trend and stand in the short term on sell....

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NVIDIA is still in an upward trend even though current price drop. Price > SMA50 > SMA100 > SMA200. Has by classical technical analysis been overbought on RSI(14), but is not now. The volume balance weakly positive from the end of November 2023. Price momentum indicators stand on the buy. Refers to Trading View. The majority of fundamental analysts recommend...

scorpiris Updated 

The analysis here may be irrelevant if you are long. Yara is in a declining trend – price < SMA50 < SMA100 < SMA200. Double peak (DT) from around July 17 to October 19, 2023, where the object has been taken out. Support, when looking back in time on the 5 year chart, around 335 and 310. Oversold January 5-8 and from January 12, 2024 at RSI 7, but not RSI 14....

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Consider selling me down a bit to reduce risk or to set a stop loss. The stock is in a downtrend from my April 23. Support around 440 and 400. Price momentum indicators predominantly on sell. Short pos. 1.49% current, but were until 7.11.23 over 3% for a period (1). That might then indicate that the shorter don't think we're going much further down. The falling...