Breathe in, breathe out.
Tradingchannels are a nice indication and tool to check for steam. Just by judging by the channel, looks like we have MAYBE one more day of fun before we see a retrace in the market. A break over, thats something else. Id say its more likely we see it retrace. The striped lines are key points of resistance. Not that I think we will see the two lowest ones, but nice to look out for, just in case.
Note
Oh my was I wrong here, a small blip and then up, past the tradingchannel. OSEBX has during the pandemic been lagging behind both Danish ans Swedish stockmarket for comparison. But we are actually now performing better. Mostly due to energy, oil and fish prices booming. Nice to see I was wrong here. But as I said in the post earlier. A break above is something else.
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.