OmarDjurhuus
Short

Boliden AB ''Possible Short'' to 78% Fibonacci level

OMXSTO:BOL   BOLIDEN AB
We'll see how it plays out. I'll keep you updated.
Comment: Boliden AB bounced a little higher than expected, it must be the correlation with gold.
We'v seen upside on gold this last month or two, but I expect a drop in gold in the summer period and therefore I think Boliden AB will follow.
Comment: I can’t be right every time.
The stock went higher than expected but has now dribbled back down to my initial target. See some structural changes.
I need to take a new look at the stock. I’ll keep you updated.
Boliden is liked with the price of gold in these day..
We have to wait for some conformation. I’ll keep you updated
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