ABB buying opportunityAs analysts are giving ABB a target of around 240, I am looking for a buying opportunity.
At the moment ABB might be rejected at the current resistance area around 202-206. This resistance also represents the 0.618 fib retrace of the 'corona dump'. The trendline (blue) is still holding, but if it breaks a retrace is to be expected.
THEN I'll be looking at a buying opportunity around 190-192.5 as there is a confluence of support there; the upward trendline (blue), horizontal support (purple/gray zone) and we have a gap still to be filled there at 190.60.
ATORX buying opportunity?Looking at a buying opprtunity for ATORX.
Currently forming a small descending triangle in the resistance area. If it can break up from this triangle and consequently hold it longer term (blue) trendline, ATORX is a buy for me.
BIOA worryI'm a bit worried about the recent uptrend of Bioartic holding or not.
If we look at the last 'mini' structure, it has broken support and restested that support and got rejected. That puts the blue trendline in danger of breaking.
However there is ample support just below at around 70 and again around 65. Perhaps additional buying opportunities will present itself there. Note the gap at 66.75
So for now hold and look for additional buying opportunities. Target of 86 still in play.
VICORE buying opportunity?VICORE seems to be finding support on the daily cloud, whilst forming a bull flag.
HOWEVER, Vicore needs to get above the 14.65 support for this to stay valid.
IF we see a nice bounce from the current support, a buying opportunity is likely.
Close eye on ONCOONCO is approaching an potential area of support on the daily cloud and long term horizontal area of support/resistance.
So I'm keeping an close eye on its reaction there.
If it can hold AND break the downward (blue) trendline, then that represents a good entry point.
MAHA AB - TAEnd of a falling triangle with possible breakthrough to following resistance at 22 and so on. 50 MA and 200 MA followed for potential golden cross
Simple naked chart setupLong on break higher after failed break down, pin/tailbar on support.
Entry: 245
Stop: 235
Target: 275
Gomspace predictionHallo everyone,
Coronavirus is above us. Gomspace stock price is at an historic low and the fundamentals don't indicate that the price will go much lower. It's a high risc stock but will a huge potential.
My thought on Catena MediaI'm new to technical analysis but this is a buy in my opinion, and sell when it hits the upper trendline
An ascending triangle breakout for BalcoAfter the quite huge selloff in February/march, it's now time for a triangle breakout. We want to buy the daily 200EMA test and then target a price of around 148.8 SEK
