The analysis here may be irrelevant if you are long. Yara is in a declining trend – price < SMA50 < SMA100 < SMA200. Double peak (DT) from around July 17 to October 19, 2023, where the object has been taken out. Support, when looking back in time on the 5 year chart, around 335 and 310. Oversold January 5-8 and from January 12, 2024 at RSI 7, but not RSI 14....
Key level combined with long term trend line. First target at 352 NOK. BEWARE OF THE COMING EARNINGS. The earnings always pose a surprise risk.
Ultimovacs is a norwegian clinical phase biotech with a universal cancer vaccine as its lead product. Today the company reported to the market that in march it will share topline data from its randomized phase 2 trial INITIUM for its lead product UV1 , a universal cancer vaccine to be used in combination with checkpoint inhibitors. The stock is at the...
Careful with trading cadeler. May be taken right back to where it came from.
Magnora ASA is a Norwegian company operating in the field of renewable energy and sustainability. They specialize in the development, investment, and operation of projects related to wind power, solar energy, and other renewable forms of energy. The stock is currently in an upward trend, characterized by the establishment of Higher Highs (HH) and Higher Lows...
Elmera Group ASA, a Norwegian electricity supplier catering to both private and public residences and buildings, has experienced a downward trend from September 2020 to September 2023, characterized by consistently Lower Lows (LL) and Lower Highs (LH). However, over the past five months, from May 2023 to September 2023, the stock has entered a sideways trend, and...
This is an analysis of Frontline PLC - a Norwegian oil transportation company, the following is strictly my own personal opinion and does not constitute financial advice. Key numbers: Dividend yield expected 2024 - 17% P/B - 2.03 P/E - 5.41 Market cap 47 178 MNOK (4.5 BUSD) Analyst estimates: Analyst estimate average for FRO is 267.5 NOK which is equivalent to a...
SIEM OFFSHORE ELLIOTT WAVE ANALYSIS. Based on wave 1 we should now see wave 5 target around 38 area.
MOWI seems to be in a downtrend, if support level breaks, we may see a fall to the bottom of the channel with a stop at next support level.
Possible move prediction for FRO. Maybe top is in, maybe not? Possible moves in support and resistance zones
NAS support and resistance possibility. Resistance at 10,7. May be optimistic about break to upside, as support may not hold when coming down.
OPEC meeting can be the trigger for this bounce if oil prices move higher, can even see new ATH if it breaks resistance. Trade carefully.
Possible NHY price levels for up and downside, short to medium time.
Long and strong IHS confirmation breakout and tested Fundamentals: Company fully funded and largest factory in Moses Lake has started production with recent contract signed for the next 10 years worth around 3 busd. Todays mcap is around 0.6 busd. Guided ebidta for 2025 is 100-300 musd Dept around 260 musd with favorable terms Production within 3 megatrends in...
The stock ended the decline wave after its listing on the financial market in February 2021, and it recorded 55 NOK It reached its lowest price on October 9, 2023 at 3,480 NOK According to EKMAREI's theory The stock has begun a long-term upward wave The arrow points will be updated in the future for followers
In my opinion - DNB is about to give back most of its gains from its IPO. This high might be its cycle high, I think we have a pretty good chance to lose 60-80% of its current market cap within the next 12-18 months. I do think we can see the price go to somewhere between 50-70 nok. I'll most likely track this going forward. The next support in the small time...
idex shows good news in collaborations and technical development. it hit down to the support line at the same time. I believe it is best time to enter for long term 5 years investment
Tomra Systems is an exceptional company poised for significant growth as they expand into the EU. I've been accumulating shares steadily each month, aiming for a target price of 76 NOK. The monthly RSI is soon approaching 30, and the Stochastic indicator is already at its low point. Furthermore, the stock is below its 618 Fibonacci retracement level, and the...