Seems to be an increasing/supportive trend, which has broken through the temporary resistance barrier in 83.9 SEK. The increasing trend is happening 'despite' moderate RSI level. A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg. First downward bounce in trend stream might be 95.6...
Underlying support trend can break top resistance in short-run - and potentially increase a new supportive environment.
Danish Midcap IT firm Columbus normally avoids public radar, which might allow some upside here. Considering the past 6 months' development, I don't believe the major price fall is completely justified and I believe a turn around is possible. The recent development in the stock price shows strong support in 8.70 DKK, whereby this might be a long term bottom and...