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Intermediate downtrend continuation, short term uptrend - looking for prices between 700 - 720 DKK.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Orsted still have some correction before continuing. Same stage as with many assets currently.
Orsted is in an ABC correction from ATH. Soon reaching the 61.8% retracement of leg A and then correcting in the final leg C to 600 Same as crypto is doing these days for some reason
There is forming of an ascending triangle for Ørsted on 4hr chart. Possibly a bullish signal.
This stock is a "Value" Stock, that already is in profit with renewable energy. So it is trendy, but not speculativ. It should be a survivor, if "renewable energy" hype will be over. Speculative first Buy for me, since it touch resistance levels.
This month i think ORSTED Down volum up down
Not really a cloud-trader, but the recent drop made me look for every TA tool in the book to satisfy my urge for confirmation bias. Since ICLN announced readjustment of %-holdings, this retest of the Cloud Top makes me believe that the long term uptrend is still intact.
Ørsted breaking trendline. Earning per share +35 P/E +27.
Ørsted, is a safe bet when it comes to the long run, but it even has huge potential of a potential upcoming 50 to 80 percent of increase in the stock price till the end of the year. The RSI is showing the same pattern as it did before the post-corona bull run it had, while having fallen a little more than the last year correction/crash. But moving averages are...