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M_Andreasen

Matas still on track towards 76 DKK and breakout of down channel

MATAS A/S (OMXCOP:MATAS)  
M_Andreasen  
OMXCOP:MATAS   MATAS A/S
Trend Analysis swingtrading trendfollowing
5
0
trendanalysis swingtrading trendfollowing
Matas has now broken out of its downward channel but on low volume. I am still holding my position from 53 DKK and keeping an eye on the resistance area of 76 DKK. If the stock price fail to rise through 76 DKK I will sell my position.

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M_Andreasen
Likely continued upside in Matas during next weeks (and years)
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