CTM trade ideas
$CTM Catena Media PT 75 SEK Just got PT 75 SEK and you can see why, Q1 is a gr8 turnaround with PREL JUST EBITDA 23,9-25 MLN EUR 1KV and a market capitalization value of 370M EUR...
www.avanza.se
Also, they just aquired US online sports affiliation company Lineups.com
www.avanza.se
Old ATH 2018 was 150 SEK
Catena Media Price is bouncing of SMA 200. Triangle is forming, break up would indicate an initial up trend to previous support levels.
OMXSTO:CTM
CTM Analysis on daily and weekly timeframeTrend change confirmed above 29.20
The ascending triangle is broken in an upward trend
Targets at Fibonacci levels at 38.20 and 50
Potential for huge rewards!
Good luck!
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
Catena Media Buy?In the long run this one will make a great Warren Buffet stile returns.
My play is BUY
