Possible short position in BAVABAVA has since March been in a uptrend moving up and down in a tunnel. Inside this tunnel, there is now a tunnel going down. If it follows this trend possible entry could be 317 and target at 288, for a 1-2 risk/reward. Stoploss at 328,8. It will proberbly go a little further down, before it goes back up again, should it follow the general uptrend.
Maersk can be cheap in the next 4 weeks to a buy entryContainer prices still raising and there seems not to be end to this in mid-term (2-3 years).
So an entry in Maersk could be a good idea... In the next 2-3 weeks we will maybe see some cheaper stock price according to trend channel, MACD, etc.
This could be a good entry. Put on watchlist
NKT A/S Inverse Head and ShouldersAn inverse head and shoulders on NKT that broke the neckline 48 hours ago. An acceleration to a new all time high took place the same day.
The next day showed much of the regain reverse, which is a worry as this engulfing candle could be a reversal sign.
However, watch price action over next couple of days to see how it shakes out or play it with a tight stop as the last decline of at the ATH was substantial (see yellow arrow - around 20%).
If this threat gets shaken off and the momentum
VWS| Moving Average "trap zone"Hey all,
Since recovering from it's multi-month sell off, Vestas found strong support in early March at the 200-day MA, and has since been consolidating within a moving average "trap zone".
I have observed this pattern previously and on daily time frames, this sort of "coiling" will bring to a strong move up or down once the trap narrows, RSI seems to be developing a wedge pattern also, needing to chose a direction for the months to come.
VWS is currently trading below the 20, 50 and 100-day m























