At lastThe bottom could finally be confirmed if today's low holds.
If November/December highs clear, new ATH's are in sight.
BAVA - Strong Buy SetupBAVA - Strong Buy Setup
- Hammer in PB&J Sweet Spot (SMA 10 / EMA 30)
- Bollinger Band Lower
- DeMark Perfected Buy Setup
- Test of Falling Window Low
- Pivots P Monthly & 3 Month support
Ultimate Target: Top of Falling Window
SL: 250
T1: 317
T2: 340
T3: 400
Do it for the cloutNot really a cloud-trader, but the recent drop made me look for every TA tool in the book to satisfy my urge for confirmation bias.
Since ICLN announced readjustment of %-holdings, this retest of the Cloud Top makes me believe that the long term uptrend is still intact.
Genmab opportunitysteamloss in the Genmab stock will likely fuel a new rush.
1) the 2 previous times times RSI has been below 30, it has resulted in strong returns. Will it happen a 3rd time?
2) The current strongly rising RSI will like make sure that the price will move and stay above the short term downward trend.
3) Opportunity for the price to move towards 2557 DKK. Yet be aware of potential strong resistance around 2364 DKK.
4) If this small up trend can offset the short term setback, 50/200 will likely trigger a new golden cross.
Entered long in 2168 DKK
VestasIt has broken a long lasting negative trend indicated by the trendlines and RSI and MacD. Though there seems to be a rotation from growth to value-stocks combined with the fact that all sustainable stocks seems to be old news. It may therefore take som time for the stock to recover, but it will most likely happen.
Novo Nordisk - Decision between two channelsNext months will show, where Novo Nordisk is heading. No position yet.
BAVA - LongFundamental and Technical Analysis show this as a very strong buy candidate. I can see this hitting 930.00 within 8 Weeks.
RSI showing a potential start for a bull runØrsted, is a safe bet when it comes to the long run, but it even has huge potential of a potential upcoming 50 to 80 percent of increase in the stock price till the end of the year.
The RSI is showing the same pattern as it did before the post-corona bull run it had, while having fallen a little more than the last year correction/crash.
But moving averages are still pretty neutral, though as seen on the chart; moving averages mostly showed positive signs a bit after the start of the bull run.
