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Bang & Olufsen analysisMany major investors believe that next year will be the 'year of stocks'. After recent major sell offs, many big companies lost at least 10% of stock value in December alone. So now is a great time to look for potential bottoms for long term positions at the start of the 2019. This is a luxury brand of Bang & Olufsen, approaching the massive trend line and support level, offering good RRR for a long position, break below the support would take us lower. The sell off was caused due to decrease in profit projections for next year. Watching such charts also gives indication for potential moves in US indices.
OMXCOP:BO
by Antonio_trader
DANSKE BANK - Reaction and then one more dropOn the weekly chart, after a long uptrend in 5 Waves a correction phase started. It is unfolding as a deep move down affected by the negative psychology of investors due to the news in Estonia. Looking at the chart I expect a reaction soon and then a last drop in order to end this down period. Long term Momentum has reached extremely oversold levels. During that reaction more information will be available as to the stock's projections. My opinion is that as soon as the reaction ends, the move down will probably test 120 and could even move towards 100.
OMXCOP:DANSKE
by winstox
Is time for Pandora bearish positions over? Bullish perspectiveThe technical analysis matches with the fundamental perspectives, suggesting a new bullish time ahead after two years of bearish trend. Immediately after rebounding from the 61.8 Fibo level (measurement taken from the big bullish move on a weekly trend) some news have suggested the interest of some Equity Funds of acquiring the danish company and, after that, other news have suggested the hiring of Rotschfield consultancy in order to help the company in case of a possible acquisition process. This has given the boost to the price, which is now showing in the 1W framework a clear bullish scenario under formation; important to mention that the short interest index shows now a value of just 5%, compared to the double digit value registered some until few weeks ago. The feeling is that the bearish strenght is becoming weaker and weaker. Medium-Long Term Overview In my analysis, the price is moving towards a next target of 516 DDK, which is the 50% retracement of the major uptrend move and at the same time is the 50 EMA in the Weekly. After a short pullback, my long term view is the reaching of a target price in the range between 629 DDK and 671 DDK, corresponding to the area of both the 38.2% retracement of the big uptrend move and the 50% retracement of the big bearish move from 2016
OMXCOP:PNDORALong
by FrancescoMerlettini
Mapping what I'm seeing - For self education in the futureI've tracked this stock for quite some time, as a friend of mine has it. The correction was expected when the uptrend broke, but I'm unsure of the direction at this given point, so I'm trying myself out, so lets see if it's a hit or a miss. There are two "ideas" . I positive in the long run, but I do believe this has been going too fast, and the correction is due.. I like the trend being more near the previous trend seen in the bottom. Happy trading
OMXCOP:AMBU_BLong
by nDam
NOVO_B Bearish Right before Q1 Novo_B is displaying, for medium term, further bearish trend. Take note of the bullish divergence that could bring the best scenario for the Q1 day- the level of 315 kr. The monthly and weekly charts are bearish and probably further downside action. As for the harmonic patterns I am looking for an ABC bearish pattern where the swing BC will end on around 224 kr level or so (notes on chart). The breaking of the macro support trend line is something to watch closely.
OMXCOP:NOVO_BShort
by sublimares2