Bullish continuation, probability for a parabolic move. TTM Squeeze is showing major momentum upwards, and we have a positive crossing of 20MA and 34MA on the weekly. Looking for a retrace to below level, 17,40SEK and then first major TP is 35 SEK.
Likely to break up and next orderflow level is 20SEK
Lets see where this goes from here.. Will it break the trend line ? Will the Trend line hold ? Looking for new entry points. where will it go from here ? I think it will go down, but lets see what happen next week Disclaimer: been in since 11.5
End of a falling triangle with possible breakthrough to following resistance at 22 and so on. 50 MA and 200 MA followed for potential golden cross
OMXSTO:MAHA_A Maha Energy AB is an undervalued Swedish oil stock with production in Brazil. Extremely good netback in excess of $ 40 per. barrel. The company has suffered from being downgraded in 2019 because a separator gauge for measuring the gas to be assured was incorrect and a new one had to be obtained from abroad and verified by authorities, which caused...
As seen on the indicator: "RSI" Maha has a very clear resistance line. As of today, 29/12/2019, I find it fitting for a potential retracement which also is because of the Fibonacci Retracement 0.618 line causing resistance. MAHA is still in a very strong uptrend with a massive primary trend of about 35%. I expect a rather small retracement without selling my...
I see very clear signs of Maha experiencing a bullish trend the upcoming days. This is due to MACD showing a positive trend, RSI not being extremely overbought as well as a breakout from a long term resistance line.