OMX30 Stockholm is near its All-Time-High so I'm bullish Swedish stocks.
Clas Ohlson broke out to All-Time-High with the monthly price closed at an All-Time-High.
I'm bullish as long as it can hold this price level. All previous trends are now up meaning everyone who owns it are in profit.
Multidecade bases can set up for multdecade trends. To follow the trend...
Long possibility within downward channel. TP aim intraday or 1-2 days swing around 2-2.6%. Negative in general towards traditional retail companies not managed to focus on the digital transformation. Of course with a few exceptions
If Clas ohlson get a lower high it could be interesting to trade in a short term. I think you could buy the stock when/ if it bounces on the support line.
