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tradewithmitra

Hexagon analysis on daily and monthly timeframe

Long
HEXAGON AB SER. B (OMXSTO:HEXA_B)  
tradewithmitra  
OMXSTO:HEXA_B   HEXAGON AB SER. B
Trend Lines Multiple Time Frame Analysis Wedge Inverse Head and Shoulders Monthly Charts Daily Charts
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trendline mtfa wedgepattern inverseheadandshoulders monthly daily
Long positions can be taken due to:

- Stock is above 200 periods moving average
- Inverse head and shoulder broken and in play
- Broadening wedge on monthly broken. Which is a very strong indication to take a long position

Long term target around between 825 and 850 remains in place
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