I Think we've reached a top in 2020 in this stockI've taken time to create this view on Alk-Abello, and I see a good overlap between fib levels and topping on trend line from previous tops the previous years.
this to me indicates that this wave 3 of a major wave 3 could be over now, which should result in a retracement, which I've given my guess on, on the chart.
After this retracement I of course believe we will again reach new highs in the wave 5 of the major wave 3, 2020 will just probably be a red year for Alk, depending on the speed of wh
Continuing bearish case, or bullish turn?I see a good buying opportunity at these levels, especially for long investors.
We're not quite in the buy range, but were momentarily today.
The oversold RSI on the weekly and major double bottom is what I'm counting on for this bullish reversal.
115 is a critical level, and must hold for this bullish case to have any meaning according to Elliot wave.
I currently have not stake in this, but could be if we get closer to the double bottom, which would be very interesting.
Happy trading.
Genmab $GMAB all time high after Q3 earnings beat #biotechNovember 4, 2020; Copenhagen, Denmark;
Interim Report for the First Nine Months Ended September 30, 2020
Highlights
Novartis granted U.S. FDA approval for Kesimpta® (ofatumumab) in relapsing multiple sclerosis
Janssen and European Myeloma Network achieved positive topline results from Phase 3 APOLLO study of daratumumab in relapsed or refractory multiple myeloma
Janssen was granted U.S. FDA approval for DARZALEX® (daratumumab) in combination with carfilzomib and dexamethasone in relapsed or re
Update Analyse on SimcorpAs you can see we got the breakthrough at the green supportline. Now we can be sure that the stock is starting a new trend.
SLong
Simcorp Analyse Hello this is my analyse of Simcorp. As you can see i have both maked a long- and short opportunity. Before we can see a new trend coming we need to see it brake through the green support line.
We could maybe see a shoulder head shoulder formation coming.
S
Novozymes - bullish longRSI looking strong
MACD bearish, but might turn soon
Moving averages positive.
NLong























