Frenck

NICO just bounced off support

Long
Frenck Updated   
OMXSTO:NICO   NICOCCINO HOLDING AB
Bears failed to drag it to the 5.86 support which is quite encouraging.
Weekly, Bears still in control but reversal seems possible.
Last hurdle is 1W 20 SMA which is holding so far...
Potentially high returns long term.
Risk 47% so don't bet your house on this one...
Comment:
Still on support levels (8.00) keep for the moment.
Comment:
Last line of defense 6.3, No breakout yet, can recover...

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