End of Bear?More and more indicate to me that its near the end of the bear for this one. It have reached 50% down from the high top and low bottom, RSI seem to turn upward trend. and if the support from last bottom holds, then that for sure a good potential Bull. but will it go thru the resistance?
Short term BullishAll around I feel that its a positive bullish form, where a possible first target around 122dkk could be reached in near future. Danske Bank got some kicks from the scandals that keep coming but latest seem be ignored as the stock is detronized already. higher bottoms at RSI and MACD indicate still positive reactions to the stock.
Investing with all the odds in your favor - an overviewThis is a video with an overview over how to get all the odds in your favor while investing and most importantly an insight into how. At the end of the video I'm showing the "why" with two concrete examples from OMXCOP:CBRAIN and GRWG.
I make these videos for my little brother in our common language english (we have different maternal languages).
A lot of the ideas our counter-intuitive but when you see them they become almost self evident. The ideas builds upon knowledge from one trader who is considered by many of today's top traders to be "the greatest trader who ever lived"; Livermore who traded from 1891 at 14 years of age until 1940, as well as great investors building on top of and adding to his ideas, from books by the like of Minervini and O'Neil who are great explainers.
CbrainCbrain is an astounding IT company, that keeps progressing and growing everyday with new orders comming in.
I see this as a very attractive company to invest in, and im currently awaiting a fall back.
The current Stock price is over SMA 20, 50 & 200 and RSI says oversold.
I personally see to fall ( Towards ) 150-160.
The best price to get it i personally see around 152, however if you want to be sure you get on board, ~160 should not be a problem either
Cbrain trend and fundamentals aligning for a great setupFundamentals check, disruptive company: check, Story: check (important for institutions).
Institutional buying is quite obvious.
Price action looking very good
Myself I'm waiting for an even better setup, but I could see a fundamentals persons buying here for sure
DSVDSV har siden april været i en konstant optrend, men har den seneste måned antaget en neutral trend som særligt kommer til udtryk i en RSI som har indfundet sit minimum i de lavere niveauer under 50. I det niveau har jeg integnet en linje som symbol for en nyt lav niveau for RSI. Noget tyder på at den sidste måned har været drevet af et lavere momentum, hvilket skyldes nyheder om Corona-vaccine som har fået folk til at overveje sektorrotation til value-aktier. Dog tyder noget på at DSV denne gang har momentum til at bryde den neutral trend, hvilket ses i MacD indikatoren som ligger an til et brud op gennem gennemsnitlinjen i kombination med en RSI værdi som søger op i niveauet over 50.
I Think we've reached a top in 2020 in this stockI've taken time to create this view on Alk-Abello, and I see a good overlap between fib levels and topping on trend line from previous tops the previous years.
this to me indicates that this wave 3 of a major wave 3 could be over now, which should result in a retracement, which I've given my guess on, on the chart.
After this retracement I of course believe we will again reach new highs in the wave 5 of the major wave 3, 2020 will just probably be a red year for Alk, depending on the speed of which this happens.
This is my view, and solely my view, always do your own due diligence.
Happy investing and trading.
Continuing bearish case, or bullish turn?I see a good buying opportunity at these levels, especially for long investors.
We're not quite in the buy range, but were momentarily today.
The oversold RSI on the weekly and major double bottom is what I'm counting on for this bullish reversal.
115 is a critical level, and must hold for this bullish case to have any meaning according to Elliot wave.
I currently have not stake in this, but could be if we get closer to the double bottom, which would be very interesting.
Happy trading.