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GN: Further Downside in Store? GN Store Nord - Short Term - We look to Sell at 361.40 (stop at 379.10) The primary trend remains bearish. Previous support, now becomes resistance at 360.00. 50 1day EMA is at 373.00. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Our profit targets will be 311.00 and 304.50 Resistance: 360.00 / 380.00 / 420.00 Support: 310.00 / 300.00 / 290.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
OMXCOP:GNShort
by Saxo
Netcompany A/S is falling but where is it gonna go ? As shown on the chart , we are deffently in a bear market on this one no douth about that. But where is it gonna go next. As the chart shown, we are on the 420-440 course and if that line dont hold we can see 377 but again the indicatores are very negative all aroundt and maybe even to much so and pull back or small gain to 490-520 is not out of the way befor it can continue down ( or start an new uptrend there ) BUT we have to follow the trend to see where it wanna go so we can TRY to find the bottum and then you say what is the bottum , well thats up to your way of traning when you should go in a trade, we are very defferent on how we all trade , some use support lines orther use MA lines and som priceaction and some wait for the hole trend to be positive befor jumping in , so again its up to each one of us, when we THINK its time .. All i can is to show you the big picture and hope it helps you get a better entry point for your trading. Good luck.
OMXCOP:NETC
by SimpleinvestMarttin