Rockwool correction over?As i see the large upgoing wave, we're in a wave 4 correction, and right now we are at 50% retracement which also was the turning point from wave 2, additionally we're close to the 200MA Weekly.
I expect atleast a short upward move, as I'm always quite skeptical with quick corrections.
This idea is based on this being the bottom, and I've remained konservative.
Reconsider if it breaks the black trendline top from before the big rise up.
Happy trading.
Ambu ready for the next slip?
My last guess on Ambu was incorrect, but i still believe we're are heading down even further.
The movement from the top was just too quick, suggesting extreme overbought, for the correction to be over in one quick move.
I believe we are seeing a big abc correction, and that we have now seen the top of the wave 2, I see it as "confirmed" as the quarter reporting made a major move to fib level, where it got hammered down from the next day.
Wave 2 have then moved between to fib levels seen ove
Ambu ready for the next slip?My last guess on Ambu was incorrect, but i still believe we're are heading down even further.
The movement from the top was just too quick, suggesting extreme overbought, for the correction to be over in one quick move.
I believe we are seeing a big abc correction, and that we have now seen the top of the wave 2, I see it as "confirmed" as the quarter reporting made a major move to fib level, where it got hammered down from the next day.
Wave 2 have then moved between to fib levels seen overall
N
Bang & Olufsen analysisMany major investors believe that next year will be the 'year of stocks'. After recent major sell offs, many big companies lost at least 10% of stock value in December alone. So now is a great time to look for potential bottoms for long term positions at the start of the 2019. This is a luxury brand of Bang & Olufsen, approaching the massive trend line and support level, offering good RRR for a long position, break below the support would take us lower. The sell off was caused due to decrease in
S
CATCHING THE BOTTOM ON NORDEN?The reasoning for believing that this is the bottom is due to the ABC, ending C at exactly 1.272 extended fibonacci.
Price bunched shortly after.
What also confirms this theory is drawing 1-5 waves, on it.
By drawing the extension of 1-2 waves i see that .2 fibonacci ends at the exact same price at the C at 87.10
DANSKE BANK - Reaction and then one more dropOn the weekly chart, after a long uptrend in 5 Waves a correction phase started.
It is unfolding as a deep move down affected by the negative psychology of investors due to the news in Estonia.
Looking at the chart I expect a reaction soon and then a last drop in order to end this down period.
Long term Momentum has reached extremely oversold levels.
During that reaction more information will be available as to the stock's projections.
My opinion is that as soon as the reaction ends, the move do
Is time for Pandora bearish positions over? Bullish perspectiveThe technical analysis matches with the fundamental perspectives, suggesting a new bullish time ahead after
two years of bearish trend. Immediately after rebounding from the 61.8 Fibo level (measurement taken from the big bullish move on a weekly trend) some news have suggested the interest of some Equity Funds of acquiring the danish company and, after that, other news have suggested the hiring of Rotschfield consultancy in order to help the company in case of a possible acquisition process. T
Airline - Upside in perspective of historical seasonality?Upside in perspective of historical seasonality in airline company SAS?
- Please, share your thoughts!
SLong
Mapping what I'm seeing - For self education in the futureI've tracked this stock for quite some time, as a friend of mine has it.
The correction was expected when the uptrend broke, but I'm unsure of the direction at this given point, so I'm trying myself out, so lets see if it's a hit or a miss.
There are two "ideas" .
I positive in the long run, but I do believe this has been going too fast, and the correction is due..
I like the trend being more near the previous trend seen in the bottom.
Happy trading























