Will TEL break the downward trend?A bit longer perspective. See clear downward trend with the current weekly view. Currently trading below both weekly and daily 50MA (W171.53, D156.55) and 200MA (W159.70, D170.85).
Broke previous support line on the 9th of March, bouncing back into the weekly trend (white lines). Will be looking for first checkpoint at break of daily resistance line at blue point. Will be interesting to see whether it can approach the daily resistance line from last top at the intersect with weekly resistance l
ASA - OSL Incepition day 23-3-2020Greetings fellow traders,
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
Dashed lines; Possible forming patterns
Solid lines; Confirmed patterns / Support or Resistance
Dotted lines; Possible price-action trajectories / wave trend
Lighten colors = Support | Darken colors = Resistance
Current Pattern Formation Level:
Alpha pattern: Symmetrical Triangle -> Bullish Pennant
Beta pattern: Descending Broade
NAS-OSL Inception day 23-3-2020, Make it or break it.Greetings fellow traders,
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
Dashed lines; Possible forming patterns
Solid lines; Confirmed patterns / Support or Resistance
Dotted lines; Possible price-action trajectories / wave trend
Lighten colors = Support | Darken colors = Resistance
Current Pattern Formation Level:
Alpha pattern: Symmetrical Triangle -> Bullish Pennant
Beta pattern: Descending Broade
NAVAMEDIC (NAVA) | Perfect Technically but Fundamentally So-So!Hi,
Navamedic ASA, a MedTech and pharmaceutical company, in-licenses, buys and markets pharmaceuticals and other health care products in the Northern European region.
Considering technical viewpoints then Navamedic has started to approach a pretty strong support area, a lot of criteria make up a strong crossing area. To be honest, I don't know much about Navamedic fundamentals but I can say, if you see some perspective in the future then this would be your perfect spot to buy it if you don't
XXL: Soon turn of trendBeaten to death, investors are throwing in towels one by one. The pain is soon ceasing.
X
GOGL // BIG FALL Golden Ocean Group has fallen a lot, although it has crossed several support lines, the stock has not received support. GOGL is now below the last support line, which could indicate that the share will continue to fall.
Overall, the stock is in a very bad trend. This indicates sales.
This analysis should not be seen as advice but for inspiration
GShort
Nordic Mining $NOM.OL is one to watch for 2020Nordic Mining prepares for lift-off
There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project.
www.mining-journal.com
Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile project at Engebø, Norway.
Once financing falls into place for this up and coming mining company, this stock should be a buy and own
TEL (Telenor) About to make new highsTEL (Telenor), Norway's biggest telecom company about to make a push to new highs.
On the 1H TEL just breached the level I wanted to see a small retracement from and is now finding support on it. We could either see a push up from where price is right now, or we could retrace down to the initial supply zone I had in mind.
Either way, I've still got resting orders in the 160.5 zone.
4H:
WATCH THIS QUICK UPPDATE!I do not have time to show all data today. Based on a combination of fundamental (no new data, less momentum, slightly more passive in media and news/ analytics telling small light investors/savers to take frofitt fast today or intra week) + tecnical analysis wich i will not describe more this time. i am now pre market 22.02.2020 going short in NEL. Lokking for that bounce at at least 100-150 MA, or look how it moves downwards at 200 SMA.
(I am long perspective long, but before tomorws session
Something exiting soon happening with BRILL The rig market still sour. Tecnical analysis might speak bearly more fore a bullis retrace/dragg uppwards, but taking in consideration the strong bearish market one should be verry carefull with setting ecact points for turns of dirrection. The drags down on all movements in this stock has had much greater time interval than uppwards. weeve seen short but strong uppwards movements. like one often see in strong bullish markets with reetracements down. I do not think the support at 32,5 will hold.
Photocure $PHO.OL trade above last major resistance on US patentPatent covering the use of Blue Light Cystoscopy (BLC®) with Hexvix as neoadjuvant* therapy in the treatment of bladder cancer in patients who are scheduled for a cystectomy.
Early stage study results have shown an antitumor effect and induced systemic immune effects of hexaminolevulinate (HAL) and blue light in an orthotopic model of rat bladder cancer. Photocure has the intention to further investigate Hexvix for its therapeutic effect and the patent is a result of Photocure’s continued focus
Can tecnical pattern push the stock back even with bad sentimentTO ME technically there is a lot off positive long term signs here. My challenge will be WHEN, at what price exactly to enter long. What do you guys think? should i enter at 26 and say good is good? or do you guys think i should try to hitt at a lower level? whe have seen eraligher that the right shoulder might be a little lower, but weeve allso seen it higher for this stock. And what do you think if one buys at 26 and it crosses down throught 25. Is that a sign for a quick temporary sell? Tell
Yara International (YAR) | Looks Promising!Hi,
Yara International ASA is a Norwegian chemical company. Its largest business area is the production of nitrogen fertilizer, however, it also encompasses the production of nitrates, ammonia, urea and other nitrogen-based chemicals.
Some fundamental pros & cons:
+ Under the fair value.
+ A lot of insiders buying.
+ Yara and IBM launch an open collaboration for farm and field data to advance sustainable food production.
- A bit high debt.
Technical criteria:
1. The trendline third touc
Waiting for a new buy posLooking for a new buy position.
In Marts 2018 Frontline hit an all time low and after that a new uptrend have started.
Atm its on its way down after a 101 % gain in the last 4 month ( Sep okt nov dec )
the normal drop with Frontline since the uptrend , is 70-110 % gain following a drop of 25-40 % and as of today it have dropped +/- 27 %
so im thinking it gonna drop some more and maybe even alittel more then it use to becouse as you all know we have a virus fra china going on and that have
Falling Bearish Wedge?EMA not yet to be crossed, should wait for confirmation before entering a position
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