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ABB of SwedenABB went sideways in a wedge pattern since 2009 and broke out to the upside in February of 2021. The stock is in a strong upward trend and is showing confirming downward/sideways flag patterns. After the recent breakout to a new all time high (ATH) the strong trend is likely to continue and the stock seems to be going through a fundamental reevaluation by the market which seems to have discovered the potential of the company, which is operating among other things in the automation and robotics segment.
OMXSTO:ABB
by r9k4ipg5fs
Trading Idea - AAC #ClydeSpace (mid-term/long-term)BUY ENTRY: 2.285 SEK TARGET: 2.910 SEK (27% profit mid-term) STOP: 2.130 SEK AAC Clyde Space AB, formerly AAC Microtec, is a company based in Sweden, which is mainly active in the aerospace industry. The company operates as a provider of space solutions and systems for state, commercial and educational purposes. 1.) The current zone represents a good entry point for investors who are interested in the company over a medium to long term period. The securities is near the support at 2.00 SEK - calculated on weekly rate data. 2.) The predicted growth for the coming year is one of the strengths of the company. 3.) The financial situation of the company looks excellent, which gives it a considerable investment capacity.
OMXSTO:AACLong
by Traderherz-Analytics
CDON Retracement Near Completion Buy Opportunity CDON listed back in Nov 2020 and from 96 SEK up to its ATH of 975 SEK in January 21 its bullish cycle came to a stop at the start of FEB 21 . CDON has nearly completed its retracement/correction from its dizzy highs of 975 SEK down to current levels of 430SEK but expecting 300SEK. and will be presenting a speculative Buy Opportunity . Price action is trading within this falling wedge, I have done a standard FIB Retracement Pull from the Hi to Lo and Volume has clearly depleted during this continued move to the downside as presented . I would like to see the PA go down to the .786 fib level but of course it does not have too . We can also build support at the current level 0.618, in which case if you wanted to buy then you should wait for a candle close outside of the resistance . Until then though i expect sideways then one leg down eventually . Please be aware that this is a highly speculative opportunity for the reasons i have provided below . DYOR and know your invalidation and always use a SL . Like and Follow for continued Analysis 21st April CDON Q1 EBITDA Loss Widens To SEK 9.0 Million 5th March CDON's CEO Kristoffer Väliharju Temporarily Resigns As CEO 10th May CDON CEO Kristoffer Väliharju Resigns 8 June (Reuters) - CDON AB CDONAB.ST : * SUSTAINABILITY IN FOCUS AS CDON AND BRING SIGN A LOGISTICS AGREEMENT * CDON AND BRING HAVE SIGNED A NEW LOGISTICS AGREEMENT FOR SCANDINAVIAN COUNTRIES, WHICH ENTAILS AN INCREASED FOCUS ON SUSTAINABLE DELIVERIES.
OMXSTO:CDONLong
by SJTRADESFUTURES