If it breaksIf the stock breaks up through 181, the downtrend will have be broken. But i doubt this because of all the negative news around the company. I think we will see this continue in its downtrend, until the new CEO takes office.
A clear break from its uptrend. It has broken out of its uptrend and started in a downtrend. Floor will be around 128kr. Thats were I will be buying back in.
Interesting movementsI think this an interesting one. Its moving quite clearly down, but the question is how far down it will go. I think it will retest buttom at around 51, the back to retest 63. Good swing movement.
What could have beenIt looked like a trend reversal but it continued down. We will look for clear confirmation that the trend has been broken.
DSV getting ready to doom. DSV A/SBearish cross of 20-50-200 in daily. Looking at daily and weekly shows a bubble is popped and the price is going to the mean, which is fib 0.618 zone.
Expecting the dead cat bounce to play out, but I don't expect the price to go further up than the red box.
Green box is fib zone which is at 24x zone.
NOVO_B - BearishNovo will soon hit prev. high. It's a strong resistance line. A cypher pattern is also nearly clear that also can make it go down. Also hitting the 1.414 fibonacci number from previous high to low. MA 200 also started trending down.
Shorting at 355
Stop loss : 377.5
Take profit : 310
Rebound play on Solar?We've seen a drastic fall in Solar the last week.
If we use fib levels, we see crystal clear resistance and support on them, and right now the major rebound retracement matches the minor.
This is testing of a strategy, won't invest myself.
use this as inspiration.
Happy trading.
Looks like it testedIt looks like it was down testing the support at 145 but got rejected. Further rise is possible in the future. I think it will go and test the resistents at 194 now.
Either wayWe are either still in the uptrend or we have moved into a downtrend. I will be keeping a close eye. If I see a break under 130 i will sell, and reinvest, when the uptrend ones again have been confirmed.
MATAS følger stabilt møster i uptrend kanalKunne godt forestille mig, at den lige skal længere ned i trendkanal inden KØB
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Technical analysis of CHEMM Technical analasys of chemometec. I would advise you to go long based on the trend and MA.
Jeudan Supply areasIf Jeudan makes a further correction, we could see a possible bounce of the trendline and fibonacci 0.382 at 792 kr.
If it breaks the trendline, a long position could be taken at the next support line and fibonacci 0.618 between 646 - 632.
Trade with care and have fuun
