Enefit Green (EGR1T)| Technically an Area From Where To Load It.
Hi,
One of the most popular stocks from Nasdaq Baltic, Enefit Green, has reached technically an area from where you might want to start building your positions as a long-term investment. Quite stormy and messy times and quite uncomfortable to buy something but in investing, what is comfortable is rarely profitable!
Technical criteria:
1. Strong horizontal price zone
2. Trendline third touch
3. Minor downwards trendline possible retest
4. Short-term channel protection
5. Short-term equal waves from the top
6. Daily EMA 200
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido
One of the most popular stocks from Nasdaq Baltic, Enefit Green, has reached technically an area from where you might want to start building your positions as a long-term investment. Quite stormy and messy times and quite uncomfortable to buy something but in investing, what is comfortable is rarely profitable!
Technical criteria:
1. Strong horizontal price zone
2. Trendline third touch
3. Minor downwards trendline possible retest
4. Short-term channel protection
5. Short-term equal waves from the top
6. Daily EMA 200
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido