The market has been trading sideways for a while. The last price action shows "It took 160 days to fall 16%, but only 80 days to recover" - which means there is a positive momentum in the market. Following that, the market is trading sideways, so you can expect to see positive momentum soon. Due to covid and longer lead times a lot of companies have swollen...
what happen to the price same index, just other time frame
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 fall in the Danish index has reflected the Corona crisis and inflation. However, inflation is loosening, say many economists and financial houses, which have provided many happy investors. Over the next six months, I believe that we will see positive fluctuations in the international index S&P, which is very reciprocal with the Danish index. Through this I...
Will we break the zone, or keep it in this zone for some times?
Can we get a ATH before the end of this week? let's wait and see
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lets see if we continue down because of summer and low activity.
I think as it shows, if we break down to the red field, sell everything, and wait for the rise :)