Raindear and rainbows. Raindear and rainbows is what norwegian politicians is dealing with these days.
Not one Norwegian politician is prepared for what's comming next. Neither where they for the electricity crisis, the inflation crisis or the pandemic or WW3. The most complacent country in the world is where I live. No
No news here
Looks like there's nothing to report right now
Norway isn't immune to global market conditionsEvery market has pulled back and already in bear market while Norway continues business as usual. US, Japan, China, Hongkong, Australia, Europe every index has fallen but not the Norway 25 index. While it's impressive, I don't think it can hold anymore. Norway at least should show a 20% pull back fr
Who is ready for a bloody cycle?Once in a lifetime opportunity.
We will witness a great decline, after the landing of the fifth wave. This decline will come in an "abc" type of correction and wipe out all the new and unexperienced investors.
In this last period, every stock within the Norwegian market has been booming. Would y
OBX in a rising wedge formation on lower timeframes.Since the index closely follows the price of Crude oil (which is in a similar pattern), I expect some pullback at these levels.
First target is around 740, then 715. 700 is the line in the sand in terms of keeping the uptrend going.
(Note that the formation is a fractal of a bigger wedge playing
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
