Long Position Mekonomen
Updated
Seems to be an increasing/supportive trend, which has broken through the temporary resistance barrier in 83.9 SEK.
The increasing trend is happening 'despite' moderate RSI level.
A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg.
First downward bounce in trend stream might be 95.6 SEK, as this is a possible resistance point.
The previous Barrier area: 82.5-83.9; this should be stop loss.
https://www.tradingview.com/x/voWGJu11/
MEKO
The increasing trend is happening 'despite' moderate RSI level.
A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg.
First downward bounce in trend stream might be 95.6 SEK, as this is a possible resistance point.
The previous Barrier area: 82.5-83.9; this should be stop loss.
https://www.tradingview.com/x/voWGJu11/
MEKONote
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