I see that many are worried now and warning of an impending stock market crash, and that an economic recession is on the horizon with rising interest rates. 🥶 I have a completely different perspective. I believe that the bottom was already reached in 2022, and the decline we've experienced over the past two months will soon be over. I believe the economic...
I would like us to retrace before we continue up, if we go up from here i expect a bigger retracement in the future and the continuation to be weaker. Bascily if you want SAAB to continue up in the long run you want a healthy retracement here. I can see SAAB to go up to 790 based on trend-based fib extension. After the retracement, if we hold the bouncing levels.
The Saab B stock looks to be rolling over following a war-boost theme in 2022. Momentum is going down and R/R is beginning to look tempting. The 420 zone could be a good entry point.
The Attendo stock has formed a bull flag after a 30% bounce in 2022. The stock has performed very weak in the last couple of years and it might be interesting to follow in 2023. Ichimoko says buy and an establishing over MA200 is another buy signal.
The Axfood stock is trading in a negative trend, building a bear flag since October 2022. The price is testing MA200 a R/R for a short is starting to look interesting (around 300 SEK).
Now Im back again, I have refined my analyses,.. Looking at vix, sp500, Dax and sweden while trading. Target 2016.
support challenge cluster, something that needs to be pushed through..
Etableringen under denna nivå, särskilt ifall denna vecka close under. skvallrar helt klart om mer söderut-riktning framöver.
Positiv sålänge >~2200... Kan blir häftig fart neråt ifall etablering under dock.
OMX pullback looking healty with a bounce at 200 ema.
Short term trend for OMX looking bearish. Looking to alter some cash and pick up HSTECH.
We can see several reasons that the fall of 2021 will be a tight squeeze for the market. Here are some pointers to look for. 1. Long term rising wedge formation with conjuction and consolidation also in the daily channel, The period between october to december-21 will be the beginning before B-leg starts towards mid MA at 2235 region. 2. We need a B-leg...
What comes up must come down. Or up. ATH and looking weak according to Moving average and FIB levels.
My previous analysis fell out perfectly. I think this might be a good spot to short.
After analyzing the Swedish stock market index, I noticed that values of telecommunications, network and banking companies started to depreciate. There is a large volume on each of them so a price drop on OMX index is possible. Companies such as SWEDBANK A, ERICSSON B, SV. HANDELSBANKEN A, TELIA COMPANY have been losing value for many months.
Melt up is here just like in 99/01, only question is for how long can it go on? I see in best case we go to 2300 (~7%), but you never know may as well end in disaster next week, or even blow pass 2300. Be careful out there, i'm starting to cut down on positions from here.