Currently in a range (yellow box + small trend lines), key levels plotted to look out for, combined with daily and weekly MAs to be used as confluences. RSI & MS trending downwards, Stochastic suggesting upwards movement. Personally wouldn't pay too much attention to these indicators.
Pandora is at a low point right now. It has a strong support under and some good support-points over. If Pandore gets a good support it will start a bullish trend. When is reaches the support it could go fast and go up a lot. Pandora will follow the OMX C25 Index and go up over the next few months.
AMBU is very low right now and it seems like it could go very high with the OMX C25 Index . It is at the lowest for almost 2 years and with the interest rates going down it could lift the shares a lot. There is a very strong support level under it and a good resistance goal.
The OMX C25 shares had a very good bullish trend from the beginning of COVID-recession. Now the shares just finished a shoulder head shoulder bullish formation and is now testing at the support level. Now it is very possible that the shares are going to raise and reach the resistance level. Therefore we now could get a potential bullish trend where it can raise...
The price has corrected 25% from ATH and it is equal to the correction it went through in the March crash. A solid company that missed earnings. A buy for me for the long-term.
The double bottom will be confirmed if the candle for today closes below .25USD cents. Retracing to an almost exact amount the previous hill. The double bottom forming here would indicate a drop to .23-.21USD cents. A 10-20% drop from the current price of .25USD cents.
The triangle drawn is a Thomas Denmark (TD) style triangle(forextraininggroup.com). It connects...
