Long
Updated

Borr drilling - New trend set

91
see chart

15.02.21 / Dan
12.08 NOK
Note
Dear user

some remarks to the Chart:

Weekly
Shows, that a long downtrend is finished.
A long period of very good consolidation last year.
Positive divergences in RSI Weekly chart and an extraordinary OBV.

Daily
Resistance around 11 USD no langer valid.
MA 50,100, 200 with positive slope and golden cross done.
Targets
First : 15 NOK
Second: 24 NOK
Note
backtesting for gap filling around 11.10-11.25
Note
Gap filling done today.
expect slowly recovery/consolidation on lower levels.
afterwards / next Week ongoing trend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.