Seems to be an increasing/supportive trend, which has broken through the temporary resistance barrier in 83.9 SEK.
The increasing trend is happening 'despite' moderate RSI level.
A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg.
First downward bounce in trend stream might be 95.6 SEK, as this is a possible resistance point.
The previous Barrier area: 82.5-83.9; this should be stop loss.
MEKO
The increasing trend is happening 'despite' moderate RSI level.
A potential golden cross might appear within 2 weeks, as short (14) avg. seems to firstly balance and later overtake long (200) avg.
First downward bounce in trend stream might be 95.6 SEK, as this is a possible resistance point.
The previous Barrier area: 82.5-83.9; this should be stop loss.
MEKO
Comment:
Be aware of the COVID19 impact from late February