After a really red day for Maersk it reached the main lower trendline and right away bounced back up.
I will first see if the price respects the lower main trend and the be looking for a good Long position for the coming days until it reaches the upper trendline on the lower timeline.
So far so good.. share you thoughts!
Right after the latest Ex-day for dividends it breached the lower trend-line, but worked its way back to it. Yesterday it hit the roof of the upper trend-line and MACD switched to bearish.
I will be looking for a short position and expecting a low price around 11200 DK.
Share your thoughts, maybe I am missing something big?
I will be looking for the passing of the short-term trendline for a short-position tomorrow on Ex-day. My MACD-signal has flipped and yesterday ended right before a potential breakout or Head and Shoulders.
Downward trend were confirmed March 14th and has been respected three times already. If continued we could expect price down to 11500 DKK.
This is my first...
