pcibo Buy OpportunitiesPCIBO in potential cup formation and at same time inverse head and shoulder, both pattern stands for Bullish view.
photocure Trading ideasphotocure correction still in progress, buy this stock when the price get to the buy zone.
PGSO forming a potential Head & Shoulder pattern.CHXEUR:PGSO has been in a huge uptrend since 30th November 2017, soaring over 270% in less than 240 days.
- Now it's in a downtrend, and looks to be forming a H&S formation.
- It broke it's ascending trendline and also failed the recent pullback. (Marked in stapled red)
- Should the price break through the 200 sma, we might see the 50 sma crossing down and generate a bearish death cross.
- If the support line of the H&S formation break (red descending line), the price target should be around the 14.82 area. (Marked by yellow)
To me it looks bearish, but I will remain neutral. I would go short should the H&S pattern be confirmed by a break of it's support line.
As an apprentice of Technical Analysis, any constructive feedback would be greatly appreaciated.
BlackCrown
STBO LONGNet signal from Norway's Storebank . Sell when price will intersect green line. Sell will updated.
Is REC nearing the bottom?REC is almost at the bottom and will then completed a ABC pattern. Might have good profits to come.
ORKLA - Trading range intact, time to enter.ORKLA has been inside a trading range (74 - 87) for a while now.
On 15/6-2018 it climbed 3% on high volume after being in danger of falling below the support at 74. This was a strong signal, indicating that 74 is indeed the floor.
Lower highs in MACD and RSI has been an issue for a while, and we need to break that trend before this stock can rally.
This is a cheap entry point.
Upside about 15%
Telenor - Quick 4,5%Closing in on ex dividende (03.05.2018) and getting recommendations from D_N_B_Markets today (Target 210).
Macd , RSI and Price all going upwards.
4,5% up within next week?
DNO on that bullish run!On a technical analysis perspective DNO makes up for a great bull run to first targets at 18.00.
NHY fallen below support, bad news from BrazilDeclining RSI, Negative MACD, Price below SMA200 and support has been broken.
Bonheur - Climbing steadily- MACD crossing positive
- RSI climbing
- Price break through old resistance at 91,75
- Following SMA50 tight
First resistance is 100. Should this break, there is not a cloud in sight until 140. Huge upside on this one.
Average traded volume is on the low side, making it more risky in regards to getting out at will.
StorebrandRisky trade this one, but I want to try to get in early.
STB has probably entered a sideways trend channel ranging between areas 63,25 and 70,50.
Price, MACD and RSI have all reached previous lows and I take a shot at these levels, hoping they act as support levels.
Stop loss could be set below 61,74.
EX dividende nok 2,50 12/4-2018
Archer ready to go?Archer has been in a sideways trade range for a while.
- Tested support at 8,25 area.
- Higher low RSI, with a long term positive undertone
- Insider buy:
Dag Skindlo, CFO and Director of Archer Limited (ARCHER) has on 21 March 2018
bought 18,000 shares in ARCHER at an average price of NOK 8.40. Following the
transaction Dag Skindlo holds 124,000 shares and 600,000 options in ARCHER.
Possible target: Around 13, giving an upside of about 50%.
This is a volatile stock with high risk, but considering the great upside, I'll take a shot at this level.
Setting stop loss at close < 8
AKER BP - Still going strongRSI set a higher low 19/3. Positive MACD crossover.
Moving nicely along support in trend-channel.
The lower highs in RSI and MACD is a concern. If RSI should break through resistance at around 70, the stock can go to the top of the trend channel at 260. Otherwise, 234 may be the next high.
