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Swedish sterling - darvas box trade patternDarvas box trade explained with Swedish sterling as example. Where to put on the trade, where to put the stop loss and context. Context, swedish sterling is a stock with increasing trade volume, in a rising market and in a bullish sector with news of a recent patent filing to the european patent office. Swedish sterling A clean tech company, filing a new patent of Sterling engine which is more efficient in converting to electricity . The company's latest product - the PWR BLOK 400-F - is a propriatery solution for recycling energy from industrial residual and flare gases and converting these into 100% carbon-neutral electricity at high efficiency. According to an independent certification, the PWR BLOK is the cheapest way to generate electricity that exists today, yielding greater CO\2\ savings per krona invested than any other type of energy.
SEducation
by kulturdesken
1
SAS (Scandinavian Airlines) - A contrarian COVID recovery bet?SAS(Scandinavian Airlines) has been butchered through 2020 as well as many other of its peers. Maybe now is the time to consider a contrarian bet on this stock? After experiencing extreme volatility to the upside and extreme volatility to the downside, SAS looks like it´s finally consolidating. it has a nice support area ranging from 1.57 to resistance at 1.93. It has also broken the falling trend from 1st October to 28th December. 1 option is to trade the breakout at 2 SEK or wait for a re-test at 1.57 For an investor, it could be the time to start accumulating at these levels.
SLong
by NorseTrader
1
IAR Systems Recovery potentialIAR Systems is among the stocks which hasnt recovered after the COVID19 sell off in Feb/march 2020. There seems to be a strong support for the short-term upwards trend to break the long-term downward trend. RSI is medium, but will be rising due to the increasing positive volume. First resistance to overcome is 151 (target 1), second resistance is 170 (target 2). First support 135 (stoploss should be 128-135, as it is stock with lower market cap). Yet, be aware, that 50 days avg < 200 days avg, whereby the stock is still bearish in traditional terms. Long position entered at 142.1 SEK
OMXSTO:IAR_BLong
by PersonalFinanceDude
AstraZeneca bullish pennantThere hasn't been a significant rise in Astrazeneca, despite the approval of the vaccine in the UK, the orders from Indonesia and Taiwan and reassuring news about the effectiveness of the vaccine. I think some negative publicity about the vaccine effectiveness in comparison to the other vaccines in the US could have led to this consolidation, but even if the other vaccines are a few percents more efficient, the cost and storage efficiency will be a large differentiator for many countries. The approval of the UK will give confidence to other countries (India, Brazil, Europe,...) to speed up the approval process, I expect this will cause the stock to break upwards after more countries approve it.
OMXSTO:AZNLong
by money_47
ONCO looking to break out soon.So I while back we looked at ONCO breaking up from a large descending triangle and we found a good entry. Now a possible new entry point will present itself. Breaking up from the previous triangle we've now completed an impulse with correction pattern, finding support on the 0.5 fib (red circles). Above we need to break the SEK 174-177,- resistance before a continuation of the uptrend. Currently we are forming a nice consolidation pattern and creating an ascending triangle in the process. Looks like a very clean setup for a break up. But we need to wait for a break of the resistance first before looking for an entry on the lower timeframes.
OMXSTO:ONCO
by duco1