Oscar Properties finally breaking free?

By Veuvee
Todays Rejection Wick off of the newly established upgoing trendline could mark the beginning of the end of the 47-month long downtrend.

Biggest hurdle is the massive point of control at 0,222 SEK, but recent volume, uptrend and todays wick coupled with low rates from FED/ECB should make the odds of breaking free slightliy better.

Nothing is given with Oscar Properties however, so a healthy retest of the 0,222 SEK area afterwards would be considered very healthy for the future of the possible uptrend.

Bonus: Oscar Properties' Pref shares also recently shot up massively, which could indicate rising interest in the main stock.
Chart PatternsTechnical IndicatorsInverse Head and ShouldersoscarpropertiesTrend Analysisuptrend

Disclaimer