TraderM8Felix

TraderM8Felix Updated 

I have outlined some areas of interest in the chart and some possible ways to reach 2.50 area. Below my personal thoughts behind this. Institutional Activity & Accumulation • Mirabella Financial Services LLP holds 10.48% (77.6M shares); estimated VWAP entry: ~1.4217 NOK. • Alden AS holds 32M shares (4.3%) and remains a large holder after trimming slightly. •...

TraderM8Felix

In the near term the painting of a symetrical triangle is in the cards. Then expect a rebound from the support line of the tiangle in the10300 area (EMA 50) up to hit resistance in 12500 area. After upper rejection it will dive to test support of the triangle to finally break out downwards around 25 % from the apex of the triangle. If the scenario plays out as...